2216 Summerfield DrCastle 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
Investment property for sale in Castle Rock at 2216 Summerfield Dr, Castle Rock, CO, 80104 listed at $494,500 pairs $2,914/mo rent with a $2,420/mo payment to leave $32/mo cash flow. Total monthly income runs $2,914/mo, and annual cash flow reaches $390/yr on $163,927 cash to close. Return on cash invested measures 20.15% in year one, and rental yield registers 7.07% at a $494,500 basis. Equity gained on principal adds $3,191/yr, and annual property appreciation at 5% supports $136,621 by year five. Five-year ROI tracks 103.65% and total cumulative return in cash totals $169,917. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,914/mo property income relative to a $2,420/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
5,793 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: Eric Pacheco • HomeChex
Mls Name: IRES
Mls Provider:
Mls ID: #1017432
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.