1380 Colfax AveBurlingtonCO80807
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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 Burlington at 1380 Colfax Ave, Burlington, CO, 80807 listed at $219,000 pairs $1,564/mo rent with a $1,072/mo payment to leave $288/mo cash flow. Total monthly income runs $1,564/mo, and annual cash flow reaches $3,451/yr on $72,599 cash to close. Return on cash invested measures 24.66% in year one, and rental yield registers 8.57% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 127.88% and total cumulative return in cash totals $92,841. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,564/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1981
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80807, Burlington, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,088 (56.7%) |
| Renter Occupied HU | 547 (28.5%) |
| Vacant Housing Units | 285 (14.8%) |
| Median Home Value | $260,101 |
| Average Home Value | $279,793 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,678
Multi-Family
52
Businesses
343
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Listed by: Virgil George • Rocking X Land Company
Mls Name: IRES
Mls ID: #1047774