1169 Highview DriveErieCO80516
Nearby investment properties with comparable rents
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 Erie at 1169 Highview Drive, Erie, CO, 80516 priced at $516,900 converts $3,600/mo rent into $588/mo cash flow after a $2,530/mo obligation. Total monthly income equals $3,600/mo, and annual cash flow totals $7,051/yr on $170,060 invested. Return on cash invested prints 24.21% in year one, and rental yield reads 8.36% against a $516,900 entry. Equity gained on principal adds $3,335/yr, while 5% annual appreciation compiles into $142,810 by year five. Five-year ROI reaches 125.38% and total cumulative return in cash sums $213,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $2,530/mo payment, not borrower’s personal income.
Single Family
Built in 2025
3,352 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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Nearby investment properties with comparable prices
Listed by: Vanise Fuqua • Keller Williams Trilogy
Mls Name: REcolorado
Mls Provider:
Mls ID: #6859952
Disclaimer: 2025 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](/mls-disclaimers/#17059)