62361 David 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
Investment property for sale in Olathe at 62361 David Road, Olathe, CO, 81425 offers a 9.28% rental yield on a $380,000 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $1,860/mo payment leaves $725/mo available for distribution. Annual cash flow reaches $8,704/yr on $125,970 to close, and return on cash invested stands at 26.82% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 139.44% and total cumulative return in cash at $175,657. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
1.30 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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