1166 St John StErieCO80516
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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 Erie at 1166 St John St, Erie, CO, 80516 listed at $779,000 pairs $4,920/mo rent with a $3,813/mo payment to leave $380/mo cash flow. Total monthly income runs $4,920/mo, and annual cash flow reaches $4,559/yr on $256,291 cash to close. Return on cash invested measures 21.84% in year one, and rental yield registers 7.58% at a $779,000 basis. Equity gained on principal adds $5,027/yr, and annual property appreciation at 5% supports $215,223 by year five. Five-year ROI tracks 112.67% and total cumulative return in cash totals $288,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,920/mo property income relative to a $3,813/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
6,611 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80516, Erie, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,143 (100%) |
| Owner Occupied HU | 13,087 (86.4%) |
| Renter Occupied HU | 1,668 (11.0%) |
| Vacant Housing Units | 388 ( 2.6%) |
| Median Home Value | $734,692 |
| Average Home Value | $860,031 |
Housing Distribution
Address Breakdown
Residential
13,516
Single Family
13,002
Multi-Family
514
Businesses
687
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