6910 High Mesa 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
Rental property for sale in Olathe at 6910 High Mesa Road, Olathe, CO, 81425 generates $1,680/mo in rent, after a $2,325/mo payment. Total monthly income is $1,680/mo. Return on cash invested sits at 11.61% in year one, and rental yield is 4.24% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 57.9% and total cumulative return in cash sums $91,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,680/mo property income rather than buyer’s personal income.
Manufactured
Built in 1971
3.42 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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