5870 Paona RdCascadeCO80809
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 Cascade at 5870 Paona Rd, Cascade, CO, 80809 priced at $389,000 converts $3,559/mo rent into $1,292/mo cash flow after a $1,904/mo obligation. Total monthly income equals $3,559/mo, and annual cash flow totals $15,503/yr on $128,954 invested. Return on cash invested prints 31.93% in year one, and rental yield reads 10.98% against a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation compiles into $107,474 by year five. Five-year ROI reaches 166.83% and total cumulative return in cash sums $215,130. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,559/mo property income covering a $1,904/mo payment, not borrower’s personal income.
Single Family
Built in 1928
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80809, Cascade, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 857 (100%) |
| Owner Occupied HU | 567 (66.2%) |
| Renter Occupied HU | 135 (15.8%) |
| Vacant Housing Units | 155 (18.1%) |
| Median Home Value | $794,089 |
| Average Home Value | $790,996 |
Housing Distribution
Address Breakdown
Residential
635
Single Family
635
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: Michelle Reno MRP • Keller Williams Clients Choice Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2653287
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