1661 Deer Creek RdMonumentCO80132
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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 Monument at 1661 Deer Creek Rd, Monument, CO, 80132 uses $132,269 cash to close to unlock $439/yr annual cash flow and $37/mo monthly cash flow. Total monthly income runs $2,789/mo, and a $1,953/mo payment keeps the spread at $37/mo. Purchase price stands at $399,000, and rental yield measures 8.39% with $2,789/mo rent. Return on cash invested shows 20.24% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 105.56% and total cumulative return in cash records $139,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,789/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Condo
Built in 1973
1,306 sqft lot
$N/A/sqft
$427 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80132, Monument, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,266 (100%) |
| Owner Occupied HU | 9,414 (83.6%) |
| Renter Occupied HU | 1,389 (12.3%) |
| Vacant Housing Units | 463 ( 4.1%) |
| Median Home Value | $708,480 |
| Average Home Value | $773,078 |
Housing Distribution
Address Breakdown
Residential
10,828
Single Family
10,460
Multi-Family
368
Businesses
755
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Listed by: Lisa Pflugh ABR CRS MRP SFR SRES • RE/MAX Advantage Realty, Inc.
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1710101
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