479 Black Feather Loop Bldg 3 #301Castle RockCO80104
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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 Castle Rock at 479 Black Feather Loop Bldg 3 #301, Castle Rock, CO, 80104 uses $101,771 cash to close to unlock $4,950/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $2,202/mo, and a $1,503/mo payment keeps the spread at $412/mo. Purchase price stands at $307,000, and rental yield measures 8.61% with $2,202/mo rent. Return on cash invested shows 24.77% in year one, and 5% annual appreciation builds toward $84,818 over five years. Five-year ROI reaches 128.47% and total cumulative return in cash records $130,742. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,202/mo property income covering a $1,503/mo payment rather than investor’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80104, Castle Rock, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,834 (100%) |
| Owner Occupied HU | 12,170 (76.9%) |
| Renter Occupied HU | 3,172 (20.0%) |
| Vacant Housing Units | 492 ( 3.1%) |
| Median Home Value | $668,004 |
| Average Home Value | $726,296 |
Housing Distribution
Address Breakdown
Residential
15,123
Single Family
13,753
Multi-Family
1,370
Businesses
1,393
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Listed by: Kellie Lane • HomeSmart Realty
Mls Name: REcolorado
Mls ID: #7703385