2785 Magpie LaneLarkspurCO80118
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
Investment property for sale in Larkspur at 2785 Magpie Lane, Larkspur, CO, 80118 uses $189,175 cash to close to unlock $2,036/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $3,545/mo, and a $2,814/mo payment keeps the spread at $170/mo. Purchase price stands at $575,000, and rental yield measures 7.4% with $3,545/mo rent. Return on cash invested shows 21.14% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 108.97% and total cumulative return in cash records $206,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,545/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 1999
6.66 Acres lot
$N/A/sqft
$296 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80118, Larkspur, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,563 (100%) |
| Owner Occupied HU | 2,306 (90.0%) |
| Renter Occupied HU | 184 ( 7.2%) |
| Vacant Housing Units | 73 ( 2.8%) |
| Median Home Value | $884,217 |
| Average Home Value | $1,003,691 |
Housing Distribution
Address Breakdown
Residential
2,445
Single Family
2,445
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Harrison McWilliams • Compass - Denver
Mls Name: REcolorado
Mls Provider:
Mls ID: #5850446
Disclaimer: 2025 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](/mls-disclaimers/#17059)