16490 County Road 15PlattevilleCO80651
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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 Platteville at 16490 County Road 15, Platteville, CO, 80651 generates $3,890/mo in rent, after a $7,317/mo payment. Total monthly income is $3,890/mo. Return on cash invested sits at 8.42% in year one, and rental yield is 3.12% on a $1,495,000 entry. Equity gained on principal adds $9,647/yr, while 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 40.66% and total cumulative return in cash sums $196,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,890/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
15.33 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: CJ Sefcovic • C3 Real Estate Solutions, LLC
Mls Name: IRES
Mls ID: #1041386