1612 Cottonwood Drive #11WLouisvilleCO80027
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Louisville at 1612 Cottonwood Drive #11W, Louisville, CO, 80027 uses $89,505 cash to close to unlock $8,604/yr annual cash flow and $717/mo monthly cash flow. Total monthly income runs $2,291/mo, and a $1,322/mo payment keeps the spread at $717/mo. Purchase price stands at $270,000, and rental yield measures 10.18% with $2,291/mo rent. Return on cash invested shows 29.52% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 153.9% and total cumulative return in cash records $137,749. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,291/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80027, Louisville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,451 (100%) |
| Owner Occupied HU | 8,778 (60.7%) |
| Renter Occupied HU | 4,904 (33.9%) |
| Vacant Housing Units | 769 ( 5.3%) |
| Median Home Value | $886,304 |
| Average Home Value | $949,816 |
Housing Distribution
Address Breakdown
Residential
13,773
Single Family
10,625
Multi-Family
3,148
Businesses
1,479
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Listed by: Sarah Prystupa • RE/MAX Alliance
Mls Name: REcolorado
Mls ID: #5240805