2504 Garganey DriveCastle RockCO80104
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 Castle Rock at 2504 Garganey Drive, Castle Rock, CO, 80104 generates $4,856/mo in rent and, after a $3,181/mo payment, leaves $982/mo in cash flow. Total monthly income is $4,856/mo, and annual cash flow is $11,788/yr on $213,850 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 8.96% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 132.88% and total cumulative return in cash sums $284,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,856/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
4,095 sqft lot
$N/A/sqft
$86 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheri Mondragon • Colorado Home Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #9584845
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)