30 8th AveFlorenceCO81221
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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
Investment property for sale in Florence at 30 8th Ave, Florence, CO, 81221 offers a 8.3% rental yield on a $205,000 purchase with $1,418/mo rent. Total monthly income registers $1,418/mo, and a $1,003/mo payment leaves $224/mo available for distribution. Annual cash flow reaches $2,684/yr on $67,958 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 123.56% and total cumulative return in cash at $83,970. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,418/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81221, Coal Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 66 (100%) |
| Owner Occupied HU | 52 (78.8%) |
| Renter Occupied HU | 11 (16.7%) |
| Vacant Housing Units | 3 ( 4.5%) |
| Median Home Value | $328,571 |
| Average Home Value | $339,519 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
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