688 Cinnabar LaneCastle RockCO80108
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 688 Cinnabar Lane, Castle Rock, CO, 80108 in Castle Rock worth modelling. At $875,000 with a 7.38% gross yield, the $5,380/mo rent leaves $102/mo after the $3,935/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.37 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $241,746 by year five; $8,059/yr in principal reduction adds further equity. Total projected return: $337,727.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 4.8% |
| Monthly Cash Flow | $102 | $1,850 |
City averages based on Castle Rock market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,380 |
| Total Monthly Debt Service | $4,930 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2007
0.28 Acres lot
$N/A/sqft
$105 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2007
0.28 Acres lot
$N/A/sqft
$105 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carolyn Kenney • HomeSmart
Mls Name: REcolorado
Mls Provider:
Mls ID: #5891396
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