401 Forest Edge Rd #B-2Woodland ParkCO80863
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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 Woodland Park at 401 Forest Edge Rd #B-2, Woodland Park, CO, 80863 uses $82,544 cash to close to unlock $2,575/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $2,035/mo, and a $1,219/mo payment keeps the spread at $215/mo. Purchase price stands at $249,000, and rental yield measures 9.81% with $2,035/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 121.05% and total cumulative return in cash records $99,920. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,035/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$369 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80863, Woodland Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,407 (100%) |
| Owner Occupied HU | 4,276 (66.7%) |
| Renter Occupied HU | 1,337 (20.9%) |
| Vacant Housing Units | 794 (12.4%) |
| Median Home Value | $546,728 |
| Average Home Value | $617,733 |
Housing Distribution
Address Breakdown
Residential
5,655
Single Family
5,486
Multi-Family
169
Businesses
362
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Listed by: Sharon Roshek CRS GRI • Coldwell Banker 1st Choice Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2162667
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