2949 New Castle DrLovelandCO80538
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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 Loveland at 2949 New Castle Dr, Loveland, CO, 80538 listed at $417,000 pairs $2,550/mo rent with a $2,041/mo payment to leave $120/mo cash flow. Total monthly income runs $2,550/mo, and annual cash flow reaches $1,438/yr on $138,236 cash to close. Return on cash invested measures 20.95% in year one, and rental yield registers 7.34% at a $417,000 basis. Equity gained on principal adds $2,691/yr, and annual property appreciation at 5% supports $115,209 by year five. Five-year ROI tracks 107.94% and total cumulative return in cash totals $149,209. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,550/mo property income relative to a $2,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2003
1,718 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80538, Loveland, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,793 (100%) |
| Owner Occupied HU | 15,835 (63.9%) |
| Renter Occupied HU | 7,703 (31.1%) |
| Vacant Housing Units | 1,255 ( 5.1%) |
| Median Home Value | $595,402 |
| Average Home Value | $667,924 |
Housing Distribution
Address Breakdown
Residential
23,157
Single Family
20,602
Multi-Family
2,555
Businesses
1,282
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