1373 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 1373 Brookfield Place, Erie, CO, 80026 listed at $811,350 pairs $3,178/mo rent with a $3,971/mo payment. Total monthly income runs $3,178/mo. Return on cash invested measures 12.76% in year one, and rental yield registers 4.7% at a $811,350 basis. Equity gained on principal adds $5,236/yr, and annual property appreciation at 5% supports $224,161 by year five. Five-year ROI tracks 64.13% and total cumulative return in cash totals $171,175. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,178/mo property income relative to a $3,971/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: #7152859
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)