2311 Murray StMeadCO80542
Nearby investment properties with comparable rents
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
Rental property for sale in Mead at 2311 Murray St, Mead, CO, 80542 generates $2,990/mo in rent, after a $2,532/mo payment. Total monthly income is $2,990/mo. Return on cash invested sits at 18.45% in year one, and rental yield is 6.94% on a $517,300 entry. Equity gained on principal adds $3,338/yr, while 5% annual appreciation builds toward $142,920 over five years. Five-year ROI reaches 95.07% and total cumulative return in cash sums $161,799. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,990/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
6,577 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80542, Mead, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,156 (100%) |
| Owner Occupied HU | 1,989 (92.3%) |
| Renter Occupied HU | 148 ( 6.9%) |
| Vacant Housing Units | 19 ( 0.9%) |
| Median Home Value | $696,704 |
| Average Home Value | $802,436 |
Housing Distribution
Address Breakdown
Residential
2,066
Single Family
2,066
Multi-Family
0
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices