2847 Mount Royal DriveCastle RockCO80104
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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 Castle Rock at 2847 Mount Royal Drive, Castle Rock, CO, 80104 priced at $539,000 converts $3,685/mo rent into $69/mo cash flow after a $2,638/mo obligation. Total monthly income equals $3,685/mo, and annual cash flow totals $827/yr on $177,331 invested. Return on cash invested prints 20.53% in year one, and rental yield reads 8.2% against a $539,000 entry. Equity gained on principal adds $3,478/yr, while 5% annual appreciation compiles into $148,916 by year five. Five-year ROI reaches 106.8% and total cumulative return in cash sums $189,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,685/mo property income covering a $2,638/mo payment, not borrower’s personal income.
Townhouse
Built in 1999
1,643 sqft lot
$N/A/sqft
$475 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
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Listed by: Leslie Faye Parker • HomeSmart
Mls Name: REcolorado
Mls Provider:
Mls ID: #1876794
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