2024 Sandhurst DriveCastle RockCO80104
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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 Castle Rock at 2024 Sandhurst Drive, Castle Rock, CO, 80104 offers $4,000/mo rent that, after a $2,922/mo payment, leaves $521/mo cash flow. Total monthly income is $4,000/mo, and annual cash flow is $6,250/yr on $196,413 cash. Return on cash invested measures 23.24% in year one, and rental yield stands at 8.04% at a $597,000 entry. Equity gained on principal adds $3,852/yr while 5% annual appreciation compounds into $164,940 by year five. Five-year ROI records 120.2% and total cumulative return in cash reaches $236,094. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,000/mo property income versus a $2,922/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80104, Castle Rock, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,834 (100%) |
| Owner Occupied HU | 12,170 (76.9%) |
| Renter Occupied HU | 3,172 (20.0%) |
| Vacant Housing Units | 492 ( 3.1%) |
| Median Home Value | $668,004 |
| Average Home Value | $726,296 |
Housing Distribution
Address Breakdown
Residential
15,123
Single Family
13,753
Multi-Family
1,370
Businesses
1,393
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Listed by: Irina Kolodii • HomeSmart
Mls Name: REcolorado
Mls ID: #8433426