326 River View Dr UNIT 101New CastleCO81647
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 326 River View Dr UNIT 101, New Castle, CO, 81647 earns $482/mo cash flow from $2,405/mo rent with a $1,615/mo payment. Total monthly income totals $2,405/mo, and annual cash flow totals $5,784/yr on $109,395 capital. ROI tracks 25.2% on current figures, and rental yield reads 8.75% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 130.7% and total cumulative return in cash sums $142,979. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,405/mo property income instead of your personal income.
Condo
Built in 2007
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Palladium Group • Christie's International Real Estate Aspen Snowmass
Mls Name: AGSMLS
Mls ID: #190261