3400 Elk Run DriveCastle RockCO80109
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 3400 Elk Run Drive, Castle Rock, CO, 80109 in Castle Rock is capital appreciation. Rental yield 5.82%. The 5.82% gross yield at $1,015,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $280,426 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.08) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $309,612.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.8% | 4.8% |
| Monthly Cash Flow | $(1,156) | $1,850 |
City averages based on Castle Rock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,926 |
| Total Monthly Debt Service | $5,679 |
| DSCR Ratio | 0.87x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
0.34 Acres lot
$N/A/sqft
$484 annually HOA
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
Single Family
Built in 2003
0.34 Acres lot
$N/A/sqft
$484 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Harris • HomeSmart
Mls Name: REcolorado
Mls Provider:
Mls ID: #6885246
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