98 Martin DriveEvergreenCO80439
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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 Evergreen at 98 Martin Drive, Evergreen, CO, 80439 priced at $499,000 converts $3,300/mo rent into $392/mo cash flow after a $2,442/mo obligation. Total monthly income equals $3,300/mo, and annual cash flow totals $4,707/yr on $165,419 invested. Return on cash invested prints 22.75% in year one, and rental yield reads 7.94% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 117.64% and total cumulative return in cash sums $194,598. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,300/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80439, Evergreen, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,978 (100%) |
| Owner Occupied HU | 8,480 (77.2%) |
| Renter Occupied HU | 1,537 (14.0%) |
| Vacant Housing Units | 961 ( 8.8%) |
| Median Home Value | $929,302 |
| Average Home Value | $1,030,742 |
Housing Distribution
Address Breakdown
Residential
10,301
Single Family
10,009
Multi-Family
292
Businesses
795
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