305 W 2nd 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
Investment property for sale in Florence at 305 W 2nd St, Florence, CO, 81226 earns from $2,405/mo rent with a $2,080/mo payment. Total monthly income totals $2,405/mo. ROI tracks 19.3% on current figures, and rental yield reads 6.79% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 99.1% and total cumulative return in cash sums $139,625. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,405/mo property income instead of your personal income.
Multi Family
Built in 1900
7,013 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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Listed by: Wayne Jennings • Bhhs Rocky Mountain Florence
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #2582015
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.