759 Old Grotto DrMonumentCO80132
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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 Monument at 759 Old Grotto Dr, Monument, CO, 80132 priced at $870,553 converts $3,760/mo rent into after a $4,261/mo obligation. Total monthly income equals $3,760/mo. Return on cash invested prints 14.42% in year one, and rental yield reads 5.18% against a $870,553 entry. Equity gained on principal adds $5,618/yr, while 5% annual appreciation compiles into $240,518 by year five. Five-year ROI reaches 72.95% and total cumulative return in cash sums $208,926. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,760/mo property income covering a $4,261/mo payment, not borrower’s personal income.
Single Family
Built in 2025
7,150 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80132, Monument, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,266 (100%) |
| Owner Occupied HU | 9,414 (83.6%) |
| Renter Occupied HU | 1,389 (12.3%) |
| Vacant Housing Units | 463 ( 4.1%) |
| Median Home Value | $708,480 |
| Average Home Value | $773,078 |
Housing Distribution
Address Breakdown
Residential
10,828
Single Family
10,460
Multi-Family
368
Businesses
755
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Listed by: Jennifer Boylan GRI • Springs Homes Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #5143920
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