16961 State Highway 3/10Glade 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
Rental property for sale in Glade Park at 16961 State Highway 3/10, Glade Park, CO, 81523 generates $2,029/mo in rent and, after a $1,591/mo payment, leaves $135/mo in cash flow. Total monthly income is $2,029/mo, and annual cash flow is $1,616/yr on $107,738 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 7.49% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 110.42% and total cumulative return in cash sums $118,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,029/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
40 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: STEVE FLEMING • RE/MAX MOUNTAIN WEST
Mls Name: GJARA
Mls ID: #20252714