801 Lakepoint Dr UNIT B-3FriscoCO80443
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 Frisco at 801 Lakepoint Dr UNIT B-3, Frisco, CO, 80443 generates $3,665/mo in rent and, after a $2,932/mo payment, leaves $174/mo in cash flow. Total monthly income is $3,665/mo, and annual cash flow is $2,087/yr on $197,071 invested. Return on cash invested sits at 21.12% in year one, and rental yield is 7.34% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 108.81% and total cumulative return in cash sums $214,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,665/mo property income rather than buyer’s personal income.
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80443, Frisco, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,302 (100%) |
| Owner Occupied HU | 1,145 (21.6%) |
| Renter Occupied HU | 663 (12.5%) |
| Vacant Housing Units | 3,494 (65.9%) |
| Median Home Value | $964,367 |
| Average Home Value | $989,596 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices