23800 County Road 16 UNIT 202Oak CreekCO80467
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Nearby investment properties with comparable prices
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 Oak Creek at 23800 County Road 16 UNIT 202, Oak Creek, CO, 80467 listed at $479,000 pairs $3,118/mo rent with a $2,344/mo payment. Total monthly income runs $3,118/mo. Return on cash invested measures 18.02% in year one, and rental yield registers 7.81% at a $479,000 basis. Equity gained on principal adds $3,091/yr, and annual property appreciation at 5% supports $132,339 by year five. Five-year ROI tracks 93.8% and total cumulative return in cash totals $148,947. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,118/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
$6,929 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80467, Oak Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,371 (100%) |
| Owner Occupied HU | 841 (61.3%) |
| Renter Occupied HU | 214 (15.6%) |
| Vacant Housing Units | 316 (23.0%) |
| Median Home Value | $942,143 |
| Average Home Value | $1,194,774 |
Housing Distribution
Address Breakdown
Residential
753
Single Family
753
Multi-Family
0
Businesses
61
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Listed by: Josie Tolan • Steamboat Sotheby's International Realty
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1054808
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