58703 Ida RoadOlatheCO81425
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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 Olathe at 58703 Ida Road, Olathe, CO, 81425 generates $2,834/mo in rent, after a $3,907/mo payment. Total monthly income is $2,834/mo. Return on cash invested sits at 11.75% in year one, and rental yield is 4.26% on a $798,174 entry. Equity gained on principal adds $5,150/yr, while 5% annual appreciation builds toward $220,521 over five years. Five-year ROI reaches 58.61% and total cumulative return in cash sums $153,898. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,834/mo property income rather than buyer’s personal income.
Manufactured
Built in 1994
25.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81425, Olathe, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,304 (64.9%) |
| Renter Occupied HU | 545 (27.1%) |
| Vacant Housing Units | 160 ( 8.0%) |
| Median Home Value | $418,229 |
| Average Home Value | $540,619 |
Housing Distribution
Address Breakdown
Residential
1,337
Single Family
1,337
Multi-Family
0
Businesses
104
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Listed by: Emalee Morris • Remax Rise Up
Mls Name: CREN
Mls Provider:
Mls ID: #825907
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.