114 Homestead LnFlorissantCO80816
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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 Florissant at 114 Homestead Ln, Florissant, CO, 80816 offers a 5.88% rental yield on a $465,000 purchase with $2,280/mo rent. 53% in year one. Equity gained on principal adds $3,001/yr while 5% annual appreciation supports $128,471 over five years. Portfolio math shows five-year ROI at 84.25% and total cumulative return in cash at $129,863. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $2,276/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.47 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80816, Florissant, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,575 (62.9%) |
| Renter Occupied HU | 325 ( 7.9%) |
| Vacant Housing Units | 1,195 (29.2%) |
| Median Home Value | $475,554 |
| Average Home Value | $491,181 |
Housing Distribution
Address Breakdown
Residential
2,962
Single Family
2,958
Multi-Family
4
Businesses
64
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Listed by: Lazarus Gomez • Rocky Mountain Realty
Mls Name: PAR
Mls Provider:
Mls ID: #229415
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