309 Brook StPalmer LakeCO80133
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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 Palmer Lake at 309 Brook St, Palmer Lake, CO, 80133 listed at $617,000 pairs $2,829/mo rent with a $3,020/mo payment. Total monthly income runs $2,829/mo. Return on cash invested measures 15.53% in year one, and rental yield registers 5.5% at a $617,000 basis. Equity gained on principal adds $3,981/yr, and annual property appreciation at 5% supports $170,466 by year five. Five-year ROI tracks 78.85% and total cumulative return in cash totals $160,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,829/mo property income relative to a $3,020/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2004
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80133, Palmer Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 915 (81.6%) |
| Renter Occupied HU | 137 (12.2%) |
| Vacant Housing Units | 70 ( 6.2%) |
| Median Home Value | $693,403 |
| Average Home Value | $752,503 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
170
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Listed by: Denice Niethammer • The Resource Group
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2410836
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