3660 Ponderosa Ct UNIT 7EvansCO80620
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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
Investment property for sale in Evans at 3660 Ponderosa Ct UNIT 7, Evans, CO, 80620 listed at $175,000 pairs $1,694/mo rent with a $857/mo payment to leave $424/mo cash flow. Total monthly income runs $1,694/mo, and annual cash flow reaches $5,084/yr on $58,013 cash to close. Return on cash invested measures 28.67% in year one, and rental yield registers 11.62% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 151.26% and total cumulative return in cash totals $87,751. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,694/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80620, Evans, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,675 (59.5%) |
| Renter Occupied HU | 2,968 (37.8%) |
| Vacant Housing Units | 218 ( 2.8%) |
| Median Home Value | $357,900 |
| Average Home Value | $359,566 |
Housing Distribution
Address Breakdown
Residential
7,418
Single Family
6,557
Multi-Family
861
Businesses
350
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Listed by: Jennifer Moody-Steyer • RE/MAX Alliance-FTC South
Mls Name: IRES
Mls Provider:
Mls ID: #1033086
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.