23800 County Road 16 UNIT 204Oak CreekCO80467
Nearby investment properties with comparable rents
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
Rental property for sale in Oak Creek at 23800 County Road 16 UNIT 204, Oak Creek, CO, 80467 generates $2,786/mo in rent, after a $2,198/mo payment. Total monthly income is $2,786/mo. Return on cash invested sits at 17.74% in year one, and rental yield is 7.45% 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 92.01% and total cumulative return in cash sums $136,948. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,786/mo property income rather than buyer’s personal income.
Condo
Built in 1974
6,128 sqft lot
$N/A/sqft
$5,261 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lauren Bloom • The Group Real Estate, LLC
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1057328
Disclaimer: Copyright 2025 Altitude Realtors. The information displayed herein was derived from sources believed to be accurate, but has not been verified by Altitude Realtors. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.