1424 Clayton WayErieCO80516
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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 1424 Clayton Way, Erie, CO, 80516 earns from $4,002/mo rent with a $4,405/mo payment. Total monthly income totals $4,002/mo. ROI tracks 14.29% on current figures, and rental yield reads 5.34% at a $900,000 purchase. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 over five years. Five-year ROI reaches 72.47% and total cumulative return in cash sums $214,584. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,002/mo property income instead of your personal income.
Single Family
Built in 2003
9,207 sqft lot
$N/A/sqft
$80 monthly 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: Jessica Luginbill • Porchlight RE Group-Boulder
Mls Name: IRES
Mls Provider:
Mls ID: #1040290
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.