64 Highland RdPalmer LakeCO80133
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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 Palmer Lake at 64 Highland Rd, Palmer Lake, CO, 80133 with 5% annual appreciation on a $680,000 basis while $2,400/mo rent supports operations. 68% in year one. Equity gained on principal adds $4,388/yr, and five-year appreciation sums $187,871 alongside rental yield of 4.24%. Five-year ROI measures 58.2% and total cumulative return in cash totals $130,212. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $3,328/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80133, Palmer Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 915 (81.6%) |
| Renter Occupied HU | 137 (12.2%) |
| Vacant Housing Units | 70 ( 6.2%) |
| Median Home Value | $693,403 |
| Average Home Value | $752,503 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
170
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Listed by: Debra Atencio CDPE CMRS CRS MRP SRES • Exp Realty LLC
Mls Name: Pikes Peak MLS
Mls ID: #9408042