980 Lakepoint Dr #404FriscoCO80443
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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 Frisco at 980 Lakepoint Dr #404, Frisco, CO, 80443 generates $4,468/mo in rent, after a $3,911/mo payment. Total monthly income is $4,468/mo. Return on cash invested sits at 19.2% in year one, and rental yield is 6.71% on a $799,000 entry. Equity gained on principal adds $5,156/yr, while 5% annual appreciation builds toward $220,749 over five years. Five-year ROI reaches 98.53% and total cumulative return in cash sums $259,002. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,468/mo property income rather than buyer’s personal income.
Condo
Built in 1997
0.32 Acres 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
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