291 Palisade Mountain DrDrakeCO80515
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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
Investment property for sale in Drake at 291 Palisade Mountain Dr, Drake, CO, 80515 listed at $460,000 pairs $7,800/mo rent with a $2,251/mo payment to leave $5,091/mo cash flow. Total monthly income runs $7,800/mo, and annual cash flow reaches $61,098/yr on $152,490 cash to close. Return on cash invested measures 59.98% in year one, and rental yield registers 20.35% at a $460,000 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,090 by year five. Five-year ROI tracks 317.32% and total cumulative return in cash totals $483,877. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,800/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
1.52 Acres lot
$N/A/sqft
$53 annually HOA
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Listed by: Jeff Abel • KW Realty NoCo-Estes
Mls Name: IRES
Mls Provider:
Mls ID: #1014606
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.