1416 Stockton DrErieCO80516
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 1416 Stockton Dr, Erie, CO, 80516 earns from $3,544/mo rent with a $2,912/mo payment. Total monthly income totals $3,544/mo. ROI tracks 19.73% on current figures, and rental yield reads 7.15% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 101.68% and total cumulative return in cash sums $199,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,544/mo property income instead of your personal income.
Single Family
Built in 1999
6,157 sqft lot
$N/A/sqft
$205 quarterly 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
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Listed by: Brad Lohse • Worth Clark Realty
Mls Name: IRES
Mls Provider:
Mls ID: #1042211
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.