1954 Platte DrFairplayCO80440
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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 Fairplay at 1954 Platte Dr, Fairplay, CO, 80440 listed at $710,000 pairs $3,196/mo rent with a $3,475/mo payment. Total monthly income runs $3,196/mo. Return on cash invested measures 15.22% in year one, and rental yield registers 5.4% at a $710,000 basis. Equity gained on principal adds $4,582/yr, and annual property appreciation at 5% supports $196,160 by year five. Five-year ROI tracks 77.21% and total cumulative return in cash totals $180,347. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,196/mo property income relative to a $3,475/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80440, Fairplay, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,160 (100%) |
| Owner Occupied HU | 1,085 (34.3%) |
| Renter Occupied HU | 336 (10.6%) |
| Vacant Housing Units | 1,739 (55.0%) |
| Median Home Value | $478,506 |
| Average Home Value | $540,797 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
141
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Listed by: Danielle Foster • eXp Realty, LLC, Mountain House Properties
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1058294
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