287 Branding Iron LnFlorissantCO80816
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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
Rental property for sale in Florissant at 287 Branding Iron Ln, Florissant, CO, 80816 priced at $237,500 converts $2,280/mo rent into $896/mo cash flow after a $1,162/mo obligation. Total monthly income equals $2,280/mo, and annual cash flow totals $10,756/yr on $78,731 invested. Return on cash invested prints 33.57% in year one, and rental yield reads 11.52% against a $237,500 entry. Equity gained on principal adds $1,533/yr, while 5% annual appreciation compiles into $65,617 by year five. Five-year ROI reaches 175.66% and total cumulative return in cash sums $138,297. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $1,162/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80816, Florissant, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,575 (62.9%) |
| Renter Occupied HU | 325 ( 7.9%) |
| Vacant Housing Units | 1,195 (29.2%) |
| Median Home Value | $475,554 |
| Average Home Value | $491,181 |
Housing Distribution
Address Breakdown
Residential
2,962
Single Family
2,958
Multi-Family
4
Businesses
64
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Listed by: Marsha Looper GRI MRP SRES • The Cutting Edge
Mls Name: Pikes Peak MLS
Mls ID: #3113418