728 Westward LnPalmer LakeCO80133
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 Palmer Lake at 728 Westward Ln, Palmer Lake, CO, 80133 priced at $303,900 converts $2,400/mo rent into $629/mo cash flow after a $1,487/mo obligation. Total monthly income equals $2,400/mo, and annual cash flow totals $7,552/yr on $100,743 invested. Return on cash invested prints 27.41% in year one, and rental yield reads 9.48% against a $303,900 entry. Equity gained on principal adds $1,961/yr, while 5% annual appreciation compiles into $83,962 by year five. Five-year ROI reaches 142.59% and total cumulative return in cash sums $143,652. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,400/mo property income covering a $1,487/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80133, Palmer Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,122 (100%) |
| Owner Occupied HU | 915 (81.6%) |
| Renter Occupied HU | 137 (12.2%) |
| Vacant Housing Units | 70 ( 6.2%) |
| Median Home Value | $693,403 |
| Average Home Value | $752,503 |
Housing Distribution
Address Breakdown
Residential
336
Single Family
336
Multi-Family
0
Businesses
170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Muldoon • Muldoon Associates Inc
Mls Name: Pikes Peak MLS
Mls ID: #3825050