464 Silverhorn DrNew CastleCO81647
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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 New Castle at 464 Silverhorn Dr, New Castle, CO, 81647 priced at $738,720 converts $5,406/mo rent into $1,101/mo cash flow after a $3,616/mo obligation. Total monthly income equals $5,406/mo, and annual cash flow totals $13,206/yr on $243,039 invested. Return on cash invested prints 25.49% in year one, and rental yield reads 8.78% against a $738,720 entry. Equity gained on principal adds $4,767/yr, while 5% annual appreciation compiles into $204,095 by year five. Five-year ROI reaches 132.29% and total cumulative return in cash sums $321,508. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,406/mo property income covering a $3,616/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81647, New Castle, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,938 (100%) |
| Owner Occupied HU | 2,067 (70.4%) |
| Renter Occupied HU | 744 (25.3%) |
| Vacant Housing Units | 127 ( 4.3%) |
| Median Home Value | $520,562 |
| Average Home Value | $531,715 |
Housing Distribution
Address Breakdown
Residential
2,696
Single Family
2,696
Multi-Family
0
Businesses
234
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