946 Lake AveFountainCO80817
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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 Fountain at 946 Lake Ave, Fountain, CO, 80817 priced at $388,500 pairs $2,520/mo rent with $255/mo cash flow after a $1,902/mo payment. Total monthly income equals $2,520/mo, and annual cash flow comes to $3,065/yr on $128,788 invested. Return on cash invested is 22.29% in year one, and rental yield stands at 7.78% on a $388,500 basis. Equity gained on principal adds $2,507/yr, and 5% annual appreciation accumulates to $107,335 by year five. Five-year ROI measures 115.14% and total cumulative return in cash reaches $148,289. For financing, Ziffy Mortgage’s DSCR program evaluates $2,520/mo property income against a $1,902/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
7,727 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80817, Fountain, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,128 (100%) |
| Owner Occupied HU | 7,858 (70.6%) |
| Renter Occupied HU | 2,890 (26.0%) |
| Vacant Housing Units | 380 ( 3.4%) |
| Median Home Value | $483,097 |
| Average Home Value | $595,161 |
Housing Distribution
Address Breakdown
Residential
11,071
Single Family
10,588
Multi-Family
483
Businesses
420
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Listed by: Aracely Arvizu ABR MRP • Equity Colorado Real Estate
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7890993
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