303 W 7th StFlorenceCO81226
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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 Florence at 303 W 7th St, Florence, CO, 81226 generates $2,147/mo in rent, after a $1,919/mo payment. Total monthly income is $2,147/mo. Return on cash invested sits at 18.64% in year one, and rental yield is 6.57% on a $392,000 entry. Equity gained on principal adds $2,530/yr, while 5% annual appreciation builds toward $108,302 over five years. Five-year ROI reaches 95.57% and total cumulative return in cash sums $124,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,147/mo property income rather than buyer’s personal income.
Multi Family
Built in 1948
9,801 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81226, Florence, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,984 (68.9%) |
| Renter Occupied HU | 669 (23.2%) |
| Vacant Housing Units | 227 ( 7.9%) |
| Median Home Value | $253,135 |
| Average Home Value | $306,033 |
Housing Distribution
Address Breakdown
Residential
2,570
Single Family
2,562
Multi-Family
8
Businesses
247
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