693 Wapiti Drive Bldg 1 Unit A16FraserCO80442
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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 Fraser at 693 Wapiti Drive Bldg 1 Unit A16, Fraser, CO, 80442 offers a 8.71% rental yield on a $629,000 purchase with $4,567/mo rent. Total monthly income registers $4,567/mo, and a $3,079/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,471/yr on $206,941 to close, and return on cash invested stands at 22.7% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Portfolio math shows five-year ROI at 118.25% and total cumulative return in cash at $244,713. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,567/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
566 sqft lot
$N/A/sqft
$445 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80442, Fraser, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,031 (100%) |
| Owner Occupied HU | 603 (19.9%) |
| Renter Occupied HU | 580 (19.1%) |
| Vacant Housing Units | 1,848 (61.0%) |
| Median Home Value | $617,553 |
| Average Home Value | $712,645 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
155
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Listed by: Jim Smith • Golden Real Estate, Inc.
Mls Name: REcolorado
Mls Provider:
Mls ID: #3271267
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