215 Mcafee CircleErieCO80516
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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 Erie at 215 Mcafee Circle, Erie, CO, 80516 at $700,000 posts ROI 19.7% with from $4,115/mo rent. Total monthly income equals $4,115/mo. Return on cash invested measures 19.7% and rental yield reads 7.05% at the current $700,000. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 by year five. Five-year ROI prints 101.43% and total cumulative return in cash totals $233,584. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,115/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
7,437 sqft lot
$N/A/sqft
$187 quarterly 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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Nearby investment properties with comparable prices
Listed by: Daniel Mackin • Brokers Guild Homes
Mls Name: REcolorado
Mls Provider:
Mls ID: #9807257
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