5521 Spruce AvenueCastle RockCO80104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Castle Rock at 5521 Spruce Avenue, Castle Rock, CO, 80104 generates $3,720/mo in rent and, after a $2,516/mo payment, leaves $724/mo in cash flow. Total monthly income is $3,720/mo, and annual cash flow is $8,691/yr on $169,106 invested. Return on cash invested sits at 25.2% in year one, and rental yield is 8.68% on a $514,000 entry. Equity gained on principal adds $3,317/yr, while 5% annual appreciation builds toward $142,009 over five years. Five-year ROI reaches 130.72% and total cumulative return in cash sums $221,051. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,720/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
5,227 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tara Jones • Opendoor Brokerage LLC
Mls Name: REcolorado
Mls ID: #7001380