99 Redstone Dr, New Castle, CO, 81647 | 6.62% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Castle at 99 Redstone Dr, New Castle, CO, 81647 offers a 6.62% rental yield on a $675,000 purchase with $3,721/mo rent. 91% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 96.96% and total cumulative return in cash at $215,331. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,721/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2017

1,624 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 81647, New Castle, CO area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,938 (100%)
Owner Occupied HU	2,067 (70.4%)
Renter Occupied HU	744 (25.3%)
Vacant Housing Units	127 ( 4.3%)
Median Home Value	$520,562
Average Home Value	$531,715