3557 Settler Ridge DrMeadCO80542
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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 Mead at 3557 Settler Ridge Dr, Mead, CO, 80542 priced at $485,000 pairs $2,772/mo rent with after a $2,374/mo payment. Total monthly income equals $2,772/mo. Return on cash invested is 19.19% in year one, and rental yield stands at 6.86% on a $485,000 basis. Equity gained on principal adds $3,130/yr, and 5% annual appreciation accumulates to $133,997 by year five. Five-year ROI measures 98.62% and total cumulative return in cash reaches $158,558. For financing, Ziffy Mortgage’s DSCR program evaluates $2,772/mo property income against a $2,374/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
8,245 sqft lot
$N/A/sqft
$125 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80542, Mead, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,156 (100%) |
| Owner Occupied HU | 1,989 (92.3%) |
| Renter Occupied HU | 148 ( 6.9%) |
| Vacant Housing Units | 19 ( 0.9%) |
| Median Home Value | $696,704 |
| Average Home Value | $802,436 |
Housing Distribution
Address Breakdown
Residential
2,066
Single Family
2,066
Multi-Family
0
Businesses
140
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Listed by: Patrick Connors • Equity Colorado-Front Range
Mls Name: IRES
Mls Provider:
Mls ID: #1023623
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.