242 Platte View DrFairplayCO80440
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
Investment property for sale in Fairplay at 242 Platte View Dr, Fairplay, CO, 80440 at $545,000 posts ROI 20.11% with $7/mo cash flow from $3,184/mo rent. Total monthly income equals $3,184/mo, and annual cash flow records $88/yr on $179,305 to close. Return on cash invested measures 20.11% and rental yield reads 7.01% at the current $545,000. Equity gained on principal adds $3,517/yr, and 5% annual appreciation supports $150,573 by year five. Five-year ROI prints 103.42% and total cumulative return in cash totals $185,436.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,184/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
0.58 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices