16321 Elk DrGlade ParkCO81523
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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 Glade Park at 16321 Elk Dr, Glade Park, CO, 81523 offers a 0% rental yield on a $679,500 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $4,385/yr while 5% annual appreciation supports $187,733 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,326/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
35.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81523, Glade Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 337 (67.8%) |
| Renter Occupied HU | 39 ( 7.8%) |
| Vacant Housing Units | 121 (24.3%) |
| Median Home Value | $628,178 |
| Average Home Value | $637,745 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
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Listed by: N/A • HOMESMART REALTY PARTNERS
Mls Name: GJARA
Mls ID: #20254481