18 Loveland Heights Lane Unit A & BDrakeCO80515
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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 Drake at 18 Loveland Heights Lane Unit A & B, Drake, CO, 80515 generates $4,800/mo in rent and, after a $2,198/mo payment, leaves $2,183/mo in cash flow. Total monthly income is $4,800/mo, and annual cash flow is $26,195/yr on $148,844 invested. Return on cash invested sits at 37.51% in year one, and rental yield is 12.83% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 196.74% and total cumulative return in cash sums $292,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,800/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.66 Acres lot
$N/A/sqft
No HOA
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Listed by: Gregory Cardoza • Resident Realty South Metro
Mls Name: REcolorado
Mls Provider:
Mls ID: #5895433
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