6948 Storybrook DrTimnathCO80547
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
Investment Highlights
Rental property for sale in Timnath at 6948 Storybrook Dr, Timnath, CO, 80547 priced at $490,000 converts $3,311/mo rent into $1/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,311/mo, and annual cash flow totals $6/yr on $162,435 invested. Return on cash invested prints 19.91% in year one, and rental yield reads 8.11% against a $490,000 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation compiles into $135,378 by year five. Five-year ROI reaches 103.61% and total cumulative return in cash sums $168,300. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,311/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Townhouse
Built in 2019
1,976 sqft lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80547, Timnath, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,894 (100%) |
| Owner Occupied HU | 3,195 (82.0%) |
| Renter Occupied HU | 323 ( 8.3%) |
| Vacant Housing Units | 376 ( 9.7%) |
| Median Home Value | $824,223 |
| Average Home Value | $910,321 |
Housing Distribution
Address Breakdown
Residential
3,477
Single Family
3,302
Multi-Family
175
Businesses
192
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Listed by: Christie Duggar • Group Harmony
Mls Name: IRES
Mls Provider:
Mls ID: #1032255
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.