310 Mesquite CtNew CastleCO81647
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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 New Castle at 310 Mesquite Ct, New Castle, CO, 81647 at $699,000 posts ROI 18.64% with from $3,802/mo rent. Total monthly income equals $3,802/mo. Return on cash invested measures 18.64% and rental yield reads 6.53% at the current $699,000. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 by year five. Five-year ROI prints 95.55% and total cumulative return in cash totals $219,734. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,802/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81647, New Castle, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,938 (100%) |
| Owner Occupied HU | 2,067 (70.4%) |
| Renter Occupied HU | 744 (25.3%) |
| Vacant Housing Units | 127 ( 4.3%) |
| Median Home Value | $520,562 |
| Average Home Value | $531,715 |
Housing Distribution
Address Breakdown
Residential
2,696
Single Family
2,696
Multi-Family
0
Businesses
234
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Listed by: Phil Craig Weir • RE/MAX Country New Castle
Mls Name: AGSMLS
Mls ID: #190377