1318 Sienna Peak CircleErieCO80516
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 1318 Sienna Peak Circle, Erie, CO, 80516 offers $4,920/mo rent that, after a $3,328/mo payment, leaves $861/mo cash flow. Total monthly income is $4,920/mo, and annual cash flow is $10,337/yr on $223,704 cash. Return on cash invested measures 24.68% in year one, and rental yield stands at 8.68% at a $679,950 entry. Equity gained on principal adds $4,388/yr while 5% annual appreciation compounds into $187,858 by year five. Five-year ROI records 128.11% and total cumulative return in cash reaches $286,593. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,920/mo property income versus a $3,328/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
5,662 sqft lot
$N/A/sqft
$96 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matthew Tonge • Richmond Realty Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #4195250
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)