Tbd Elk Reserve RdGlade ParkCO81523
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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 Glade Park at Tbd Elk Reserve Rd, Glade Park, CO, 81523 offers $2,016/mo rent that, after a $857/mo payment, leaves $996/mo cash flow. Total monthly income is $2,016/mo, and annual cash flow is $11,948/yr on $58,013 cash. Return on cash invested measures 40.5% in year one, and rental yield stands at 13.82% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 212.84% and total cumulative return in cash reaches $123,475. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,016/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Lot
Built in N/A
35.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81523, Glade Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 497 (100%) |
| Owner Occupied HU | 337 (67.8%) |
| Renter Occupied HU | 39 ( 7.8%) |
| Vacant Housing Units | 121 (24.3%) |
| Median Home Value | $628,178 |
| Average Home Value | $637,745 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
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Listed by: N/A • THE CHRISTI REECE GROUP
Mls Name: GJARA
Mls ID: #20242820
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.