720 BAKER Drive UNIT 404Winter ParkCO80482
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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 Winter Park at 720 BAKER Drive UNIT 404, Winter Park, CO, 80482 generates $4,708/mo in rent, after a $5,017/mo payment. Total monthly income is $4,708/mo. Return on cash invested sits at 13.62% in year one, and rental yield is 5.51% on a $1,025,000 entry. Equity gained on principal adds $6,614/yr, while 5% annual appreciation builds toward $283,189 over five years. Five-year ROI reaches 69.34% and total cumulative return in cash sums $230,272. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,708/mo property income rather than buyer’s personal income.
Condo
Built in 2024
0.97 Acres lot
$N/A/sqft
$602 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80482, Winter Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,580 (100%) |
| Owner Occupied HU | 320 (12.4%) |
| Renter Occupied HU | 219 ( 8.5%) |
| Vacant Housing Units | 2,041 (79.1%) |
| Median Home Value | $679,389 |
| Average Home Value | $786,875 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
227
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Listed by: Mary Orear • Real Estate of Winter Park
Mls Name: GCBOR
Mls ID: #24-762
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.