248 N 13th StBurlingtonCO80807
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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 Burlington at 248 N 13th St, Burlington, CO, 80807 generates $2,845/mo in rent and, after a $1,444/mo payment, leaves $1,126/mo in cash flow. Total monthly income is $2,845/mo, and annual cash flow is $13,508/yr on $97,793 invested. Return on cash invested sits at 33.72% in year one, and rental yield is 11.57% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 176.46% and total cumulative return in cash sums $172,562. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,845/mo property income rather than buyer’s personal income.
Single Family
Built in 1923
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80807, Burlington, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,088 (56.7%) |
| Renter Occupied HU | 547 (28.5%) |
| Vacant Housing Units | 285 (14.8%) |
| Median Home Value | $260,101 |
| Average Home Value | $279,793 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,678
Multi-Family
52
Businesses
343
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Listed by: Kyle Lambert • Eastern Plains Real Estate LLC
Mls Name: IRES
Mls Provider:
Mls ID: #1014285
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.