3021 11th Avenue #15EvansCO80620
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 Evans at 3021 11th Avenue #15, Evans, CO, 80620 offers a 12.18% rental yield on a $215,000 purchase with $2,182/mo rent. Total monthly income registers $2,182/mo, and a $1,052/mo payment leaves $479/mo available for distribution. Annual cash flow reaches $5,752/yr on $71,273 to close, and return on cash invested stands at 27.98% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 148.42% and total cumulative return in cash at $105,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,182/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1979
N/A lot
$N/A/sqft
$450 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80620, Evans, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,675 (59.5%) |
| Renter Occupied HU | 2,968 (37.8%) |
| Vacant Housing Units | 218 ( 2.8%) |
| Median Home Value | $357,900 |
| Average Home Value | $359,566 |
Housing Distribution
Address Breakdown
Residential
7,418
Single Family
6,557
Multi-Family
861
Businesses
350
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenna Auslam • RE/MAX Professionals
Mls Name: REcolorado
Mls Provider:
Mls ID: #6891341
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](/mls-disclaimers/#17059)