721 Nokomis RoadRed Feather LakesCO80545
Nearby investment properties with comparable rents
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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 Red Feather Lakes at 721 Nokomis Road, Red Feather Lakes, CO, 80545 generates $1,320/mo in rent, after a $1,713/mo payment. Total monthly income is $1,320/mo. Return on cash invested sits at 12.46% in year one, and rental yield is 4.53% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 62.47% and total cumulative return in cash sums $72,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
5,168 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80545, Red Feather Lakes, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 474 (23.7%) |
| Renter Occupied HU | 52 ( 2.6%) |
| Vacant Housing Units | 1,477 (73.7%) |
| Median Home Value | $628,995 |
| Average Home Value | $666,872 |
Housing Distribution
Address Breakdown
Residential
344
Single Family
344
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: John Weiss • RE/MAX Alliance
Mls Name: REcolorado
Mls Provider:
Mls ID: #9284738
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