2980 W Centennial Drive Unit DLittletonCO80123
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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 Littleton at 2980 W Centennial Drive Unit D, Littleton, CO, 80123 priced at $387,500 converts $2,062/mo rent into after a $1,897/mo obligation. Total monthly income equals $2,062/mo. Return on cash invested prints 15.22% in year one, and rental yield reads 6.39% against a $387,500 entry. Equity gained on principal adds $2,500/yr, while 5% annual appreciation compiles into $107,059 by year five. Five-year ROI reaches 78.24% and total cumulative return in cash sums $100,503. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,062/mo property income covering a $1,897/mo payment, not borrower’s personal income.
Condo
Built in 1997
871 sqft lot
$N/A/sqft
$286 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80123, Littleton, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,378 (100%) |
| Owner Occupied HU | 13,593 (66.7%) |
| Renter Occupied HU | 6,153 (30.2%) |
| Vacant Housing Units | 632 ( 3.1%) |
| Median Home Value | $663,424 |
| Average Home Value | $759,243 |
Housing Distribution
Address Breakdown
Residential
19,940
Single Family
13,967
Multi-Family
5,973
Businesses
836
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Listed by: M. Kay Watson • MB K WATSON PROP
Mls Name: REcolorado
Mls Provider:
Mls ID: #2946844
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)