1364 Penner DriveErieCO80026
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
Investment property for sale in Erie at 1364 Penner Drive, Erie, CO, 80026 at $509,950 posts ROI 23.87% with $533/mo cash flow from $3,654/mo rent. Total monthly income equals $3,654/mo, and annual cash flow records $6,396/yr on $167,774 to close. Return on cash invested measures 23.87% and rental yield reads 8.6% at the current $509,950. Equity gained on principal adds $3,291/yr, and 5% annual appreciation supports $140,890 by year five. Five-year ROI prints 124% and total cumulative return in cash totals $208,032.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,654/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
2,178 sqft lot
$N/A/sqft
$149 monthly 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: Matthew Tonge • Richmond Realty Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #5003123
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)