178 Elk RoadIdaho SpringsCO80452
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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 Idaho Springs at 178 Elk Road, Idaho Springs, CO, 80452 at $430,000 posts ROI 20.98% with $128/mo cash flow from $2,634/mo rent. Total monthly income equals $2,634/mo, and annual cash flow records $1,532/yr on $142,545 to close. Return on cash invested measures 20.98% and rental yield reads 7.35% at the current $430,000. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 by year five. Five-year ROI prints 108.14% and total cumulative return in cash totals $154,143.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,634/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80452, Idaho Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,112 (100%) |
| Owner Occupied HU | 1,082 (51.2%) |
| Renter Occupied HU | 518 (24.5%) |
| Vacant Housing Units | 512 (24.2%) |
| Median Home Value | $518,997 |
| Average Home Value | $654,965 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
690
Multi-Family
0
Businesses
203
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Nearby investment properties with comparable prices
Listed by: Debbra Abeyta • Keller Williams Integrity Real Estate LLC
Mls Name: REcolorado
Mls ID: #4997874