620 Forest Edge RdWoodland ParkCO80863
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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 Woodland Park at 620 Forest Edge Rd, Woodland Park, CO, 80863 offers $2,268/mo rent that, after a $4,405/mo payment. Total monthly income is $2,268/mo. Return on cash invested measures 7.99% in year one, and rental yield stands at 3.02% at a $899,900 entry. Equity gained on principal adds $5,807/yr while 5% annual appreciation compounds into $248,626 by year five. Five-year ROI records 38.45% and total cumulative return in cash reaches $113,848. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,268/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1984
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80863, Woodland Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,407 (100%) |
| Owner Occupied HU | 4,276 (66.7%) |
| Renter Occupied HU | 1,337 (20.9%) |
| Vacant Housing Units | 794 (12.4%) |
| Median Home Value | $546,728 |
| Average Home Value | $617,733 |
Housing Distribution
Address Breakdown
Residential
5,655
Single Family
5,486
Multi-Family
169
Businesses
362
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Listed by: Chris Clark CRS GRI • Pikes Peak Homes and Land Ltd
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #6163955
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