399 Saguache DrFlorissantCO80816
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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 Florissant at 399 Saguache Dr, Florissant, CO, 80816 priced at $339,850 converts $1,440/mo rent into after a $1,663/mo obligation. Total monthly income equals $1,440/mo. Return on cash invested prints 14.16% in year one, and rental yield reads 5.08% against a $339,850 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,894 by year five. Five-year ROI reaches 71.51% and total cumulative return in cash sums $80,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $1,663/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80816, Florissant, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,575 (62.9%) |
| Renter Occupied HU | 325 ( 7.9%) |
| Vacant Housing Units | 1,195 (29.2%) |
| Median Home Value | $475,554 |
| Average Home Value | $491,181 |
Housing Distribution
Address Breakdown
Residential
2,962
Single Family
2,958
Multi-Family
4
Businesses
64
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Listed by: Bob Landry CDPE GRI • RE/MAX Real Estate Group LLC
Mls Name: Pikes Peak MLS
Mls ID: #5945210