1301 Brookfield PlaceErieCO80026
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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 1301 Brookfield Place, Erie, CO, 80026 with 5% annual appreciation on a $827,240 basis while $5,381/mo rent supports operations. Total monthly income totals $5,381/mo and a $4,049/mo payment preserves $487/mo for cash returns. Annual cash flow comes to $5,843/yr on $272,162 deployed, and return on cash invested reaches 22.21% in year one. Equity gained on principal adds $5,338/yr, and five-year appreciation sums $228,551 alongside rental yield of 7.81%. Five-year ROI measures 114.76% and total cumulative return in cash totals $312,340.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,381/mo property income versus a $4,049/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
5,000 sqft lot
$N/A/sqft
$219 quarterly 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: TEAM KAMINSKY/ DOELL • LANDMARK RESIDENTIAL BROKERAGE
Mls Name: REcolorado
Mls Provider:
Mls ID: #6811078
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)