535 Meadows DrDrakeCO80515
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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 Drake at 535 Meadows Dr, Drake, CO, 80515 priced at $525,000 converts $4,800/mo rent into $1,740/mo cash flow after a $2,570/mo obligation. Total monthly income equals $4,800/mo, and annual cash flow totals $20,880/yr on $172,725 invested. Return on cash invested prints 32.15% in year one, and rental yield reads 10.97% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 167.96% and total cumulative return in cash sums $290,109. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,800/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 2002
5.01 Acres lot
$N/A/sqft
No HOA
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Listed by: Rainia Derrington • Rocky Mountain Property Inc.
Mls Name: IRES
Mls Provider:
Mls ID: #1041635
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.