253 E 8th AvenueByersCO80103
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 Byers at 253 E 8th Avenue, Byers, CO, 80103 uses $235,235 cash to close to unlock $14,108/yr annual cash flow and $1,176/mo monthly cash flow. Total monthly income runs $5,398/mo, and a $3,500/mo payment keeps the spread at $1,176/mo. Purchase price stands at $715,000, and rental yield measures 9.06% with $5,398/mo rent. Return on cash invested shows 26.06% in year one, and 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 135.4% and total cumulative return in cash records $318,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,398/mo property income covering a $3,500/mo payment rather than investor’s personal income.
Single Family
Built in 2014
2.10 Acres lot
$N/A/sqft
$55 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80103, Byers, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 819 (79.1%) |
| Renter Occupied HU | 172 (16.6%) |
| Vacant Housing Units | 45 ( 4.3%) |
| Median Home Value | $565,848 |
| Average Home Value | $573,574 |
Housing Distribution
Address Breakdown
Residential
814
Single Family
814
Multi-Family
0
Businesses
75
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Nearby investment properties with comparable prices
Listed by: Karyn Walker • Coldwell Banker Realty 44
Mls Name: REcolorado
Mls Provider:
Mls ID: #7551370
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)