459 Virginia AvePalmer LakeCO80133
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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
Total monthly income runs $2,432/mo, and a $3,328/mo payment. Purchase price stands at $679,900, and rental yield measures 4.29% with $2,432/mo rent. Return on cash invested shows 11.85% in year one, and 5% annual appreciation builds toward $187,844 over five years. Five-year ROI reaches 59.12% and total cumulative return in cash records $132,233. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,432/mo property income covering a $3,328/mo payment rather than investor’s personal income.
Single Family
Built in 2002
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80133, Palmer Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 915 (81.6%) |
| Renter Occupied HU | 137 (12.2%) |
| Vacant Housing Units | 70 ( 6.2%) |
| Median Home Value | $693,403 |
| Average Home Value | $752,503 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
170
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Listed by: Bonnie Schwam • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #5371716
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