215 W Capital CtNew CastleCO81647
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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 New Castle at 215 W Capital Ct, New Castle, CO, 81647 priced at $519,000 pairs $3,342/mo rent with $318/mo cash flow after a $2,540/mo payment. Total monthly income equals $3,342/mo, and annual cash flow comes to $3,811/yr on $170,751 invested. Return on cash invested is 22.29% in year one, and rental yield stands at 7.73% on a $519,000 basis. Equity gained on principal adds $3,349/yr, and 5% annual appreciation accumulates to $143,390 by year five. Five-year ROI measures 115.11% and total cumulative return in cash reaches $196,557. For financing, Ziffy Mortgage’s DSCR program evaluates $3,342/mo property income against a $2,540/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2002
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81647, New Castle, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,938 (100%) |
| Owner Occupied HU | 2,067 (70.4%) |
| Renter Occupied HU | 744 (25.3%) |
| Vacant Housing Units | 127 ( 4.3%) |
| Median Home Value | $520,562 |
| Average Home Value | $531,715 |
Housing Distribution
Address Breakdown
Residential
2,696
Single Family
2,696
Multi-Family
0
Businesses
234
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Listed by: Haddie Lopez • Valley Real Estate
Mls Name: AGSMLS
Mls ID: #189736