1264 Penner DrErieCO80026
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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 1264 Penner Dr, Erie, CO, 80026 with 5% annual appreciation on a $566,950 basis while $3,654/mo rent supports operations. Total monthly income totals $3,654/mo and a $2,775/mo payment preserves $350/mo for cash returns. Annual cash flow comes to $4,198/yr on $186,527 deployed, and return on cash invested reaches 22.31% in year one. Equity gained on principal adds $3,658/yr, and five-year appreciation sums $156,638 alongside rental yield of 7.73%. Five-year ROI measures 115.2% and total cumulative return in cash totals $214,887.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,654/mo property income versus a $2,775/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 2025
N/A lot
$N/A/sqft
No 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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