245 Lower Glenway StPalmer LakeCO80133
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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 Palmer Lake at 245 Lower Glenway St, Palmer Lake, CO, 80133 priced at $555,600 pairs $2,729/mo rent with after a $2,719/mo payment. Total monthly income equals $2,729/mo. Return on cash invested is 16.72% in year one, and rental yield stands at 5.89% on a $555,600 basis. Equity gained on principal adds $3,585/yr, and 5% annual appreciation accumulates to $153,502 by year five. Five-year ROI measures 85.25% and total cumulative return in cash reaches $155,836. For financing, Ziffy Mortgage’s DSCR program evaluates $2,729/mo property income against a $2,719/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80133, Palmer Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 915 (81.6%) |
| Renter Occupied HU | 137 (12.2%) |
| Vacant Housing Units | 70 ( 6.2%) |
| Median Home Value | $693,403 |
| Average Home Value | $752,503 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
170
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Listed by: N/A • N/A
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