3350 Saratoga St #CWellingtonCO80549
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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 Wellington at 3350 Saratoga St #C, Wellington, CO, 80549 generates $2,220/mo in rent and, after a $1,468/mo payment, leaves $472/mo in cash flow. Total monthly income is $2,220/mo, and annual cash flow is $5,664/yr on $99,450 invested. Return on cash invested sits at 25.6% in year one, and rental yield is 8.88% on a $299,999 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 132.9% and total cumulative return in cash sums $132,168. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,220/mo property income rather than buyer’s personal income.
Condo
Built in 2002
871 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80549, Wellington, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,457 (100%) |
| Owner Occupied HU | 4,421 (81.0%) |
| Renter Occupied HU | 856 (15.7%) |
| Vacant Housing Units | 180 ( 3.3%) |
| Median Home Value | $610,678 |
| Average Home Value | $751,914 |
Housing Distribution
Address Breakdown
Residential
4,571
Single Family
4,422
Multi-Family
149
Businesses
223
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Listed by: Lisa Sloan • Places Realty LLC
Mls Name: IRES
Mls ID: #1043139