1116 Elysian Field Dr UNIT FLafayetteCO80026
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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 Lafayette at 1116 Elysian Field Dr UNIT F, Lafayette, CO, 80026 uses $88,842 cash to close to unlock $658/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $2,083/mo, and a $1,312/mo payment keeps the spread at $55/mo. Purchase price stands at $268,000, and rental yield measures 9.33% with $2,083/mo rent. Return on cash invested shows 20.65% in year one, and 5% annual appreciation builds toward $74,043 over five years. Five-year ROI reaches 108.61% and total cumulative return in cash records $96,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,083/mo property income covering a $1,312/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$466 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80026, Lafayette, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,619 (100%) |
| Owner Occupied HU | 9,297 (63.6%) |
| Renter Occupied HU | 4,895 (33.5%) |
| Vacant Housing Units | 427 ( 2.9%) |
| Median Home Value | $784,299 |
| Average Home Value | $831,890 |
Housing Distribution
Address Breakdown
Residential
14,269
Single Family
12,382
Multi-Family
1,887
Businesses
1,230
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Listed by: Lisa Danjean • Roberts and Sons
Mls Name: IRES
Mls Provider:
Mls ID: #1029736
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.