1430 Loraine Circle NErieCO80026
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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
Rental property for sale in Erie at 1430 Loraine Circle N, Erie, CO, 80026 generates $4,808/mo in rent, after a $4,381/mo payment. Total monthly income is $4,808/mo. Return on cash invested sits at 18.4% in year one, and rental yield is 6.45% on a $894,990 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation builds toward $247,269 over five years. Five-year ROI reaches 94.21% and total cumulative return in cash sums $277,415. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,808/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,352 sqft lot
$N/A/sqft
No 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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