16478 Essex Rd SPlattevilleCO80651
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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 Platteville at 16478 Essex Rd S, Platteville, CO, 80651 earns from $4,702/mo rent with a $4,787/mo payment. Total monthly income totals $4,702/mo. ROI tracks 16.34% on current figures, and rental yield reads 5.77% at a $978,000 purchase. Equity gained on principal adds $6,311/yr, and 5% annual appreciation supports $270,203 over five years. Five-year ROI reaches 83.2% and total cumulative return in cash sums $267,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,702/mo property income instead of your personal income.
Single Family
Built in 2022
2.23 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80651, Platteville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,934 (100%) |
| Owner Occupied HU | 1,453 (75.1%) |
| Renter Occupied HU | 409 (21.1%) |
| Vacant Housing Units | 72 ( 3.7%) |
| Median Home Value | $602,834 |
| Average Home Value | $635,270 |
Housing Distribution
Address Breakdown
Residential
1,546
Single Family
1,381
Multi-Family
165
Businesses
140
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Listed by: Tina Faye Wernsman • Graystone Realty LLC
Mls Name: IRES
Mls ID: #1040597