620 Ridgeview DrLouisvilleCO80027
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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 Louisville at 620 Ridgeview Dr, Louisville, CO, 80027 generates $3,541/mo in rent and, after a $2,741/mo payment, leaves $277/mo in cash flow. Total monthly income is $3,541/mo, and annual cash flow is $3,328/yr on $184,240 invested. Return on cash invested sits at 21.87% in year one, and rental yield is 7.59% on a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation builds toward $154,718 over five years. Five-year ROI reaches 112.84% and total cumulative return in cash sums $207,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,541/mo property income rather than buyer’s personal income.
Townhouse
Built in 1993
2,294 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80027, Louisville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,451 (100%) |
| Owner Occupied HU | 8,778 (60.7%) |
| Renter Occupied HU | 4,904 (33.9%) |
| Vacant Housing Units | 769 ( 5.3%) |
| Median Home Value | $886,304 |
| Average Home Value | $949,816 |
Housing Distribution
Address Breakdown
Residential
13,773
Single Family
10,625
Multi-Family
3,148
Businesses
1,479
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Listed by: Chris Sturgeon • Live West Realty
Mls Name: IRES
Mls ID: #1045966