1363 E Witherspoon DriveElizabethCO80107
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 Elizabeth at 1363 E Witherspoon Drive, Elizabeth, CO, 80107 priced at $650,000 pairs $5,062/mo rent with $1,274/mo cash flow after a $3,181/mo payment. Total monthly income equals $5,062/mo, and annual cash flow comes to $15,292/yr on $213,850 invested. Return on cash invested is 27.21% in year one, and rental yield stands at 9.35% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 141.5% and total cumulative return in cash reaches $302,594. For financing, Ziffy Mortgage’s DSCR program evaluates $5,062/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80107, Elizabeth, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,219 (100%) |
| Owner Occupied HU | 5,607 (90.2%) |
| Renter Occupied HU | 406 ( 6.5%) |
| Vacant Housing Units | 206 ( 3.3%) |
| Median Home Value | $734,080 |
| Average Home Value | $786,794 |
Housing Distribution
Address Breakdown
Residential
5,550
Single Family
5,091
Multi-Family
459
Businesses
293
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Listed by: Kellie Foral • COLORADO HOME AND RANCH
Mls Name: REcolorado
Mls Provider:
Mls ID: #9881773
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)