0 Lot 4 Converse Road Lot 4BennettCO80102
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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
Investment property for sale in Bennett at 0 Lot 4 Converse Road Lot 4, Bennett, CO, 80102 with 5% annual appreciation on a $285,000 basis while $2,333/mo rent supports operations. Total monthly income totals $2,333/mo and a $1,395/mo payment preserves $672/mo for cash returns. Annual cash flow comes to $8,064/yr on $94,478 deployed, and return on cash invested reaches 28.44% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 9.82%. Five-year ROI measures 148.13% and total cumulative return in cash totals $139,950.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,333/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80102, Bennett, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,886 (100%) |
| Owner Occupied HU | 2,348 (81.4%) |
| Renter Occupied HU | 401 (13.9%) |
| Vacant Housing Units | 137 ( 4.7%) |
| Median Home Value | $594,059 |
| Average Home Value | $600,785 |
Housing Distribution
Address Breakdown
Residential
2,498
Single Family
2,498
Multi-Family
0
Businesses
172
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Listed by: Debra Stephenson • Berkshire Hathaway HomeServices Colorado Real Estate, LLC - Brighton
Mls Name: REcolorado
Mls Provider:
Mls ID: #5582762
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)