17619 Lucky Penny LnMonumentCO80132
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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 Monument at 17619 Lucky Penny Ln, Monument, CO, 80132 generates $3,120/mo in rent, after a $2,860/mo payment. Total monthly income is $3,120/mo. Return on cash invested sits at 18.28% in year one, and rental yield is 6.41% on a $584,299 entry. Equity gained on principal adds $3,770/yr, while 5% annual appreciation builds toward $161,431 over five years. Five-year ROI reaches 93.59% and total cumulative return in cash sums $179,906. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,120/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
3,929 sqft lot
$N/A/sqft
No 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: Michael Tinlin • Classic Residential Services
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #8348051
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