31270 John Wallace Road #302EvergreenCO80439
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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 Evergreen at 31270 John Wallace Road #302, Evergreen, CO, 80439 generates $2,400/mo in rent and, after a $1,361/mo payment, leaves $780/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $9,354/yr on $92,157 invested. Return on cash invested sits at 30.06% in year one, and rental yield is 10.36% on a $278,000 entry. Equity gained on principal adds $1,794/yr, while 5% annual appreciation builds toward $76,806 over five years. Five-year ROI reaches 156.82% and total cumulative return in cash sums $144,521. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80439, Evergreen, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,978 (100%) |
| Owner Occupied HU | 8,480 (77.2%) |
| Renter Occupied HU | 1,537 (14.0%) |
| Vacant Housing Units | 961 ( 8.8%) |
| Median Home Value | $929,302 |
| Average Home Value | $1,030,742 |
Housing Distribution
Address Breakdown
Residential
10,301
Single Family
10,009
Multi-Family
292
Businesses
795
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