306 Marion AvenuePlattevilleCO80651
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 Platteville at 306 Marion Avenue, Platteville, CO, 80651 at $380,000 posts ROI 20.47% with $59/mo cash flow from $2,274/mo rent. Total monthly income equals $2,274/mo, and annual cash flow records $712/yr on $125,970 to close. Return on cash invested measures 20.47% and rental yield reads 7.18% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 105.42% and total cumulative return in cash totals $132,793.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,274/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1906
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80651, Platteville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,934 (100%) |
| Owner Occupied HU | 1,453 (75.1%) |
| Renter Occupied HU | 409 (21.1%) |
| Vacant Housing Units | 72 ( 3.7%) |
| Median Home Value | $602,834 |
| Average Home Value | $635,270 |
Housing Distribution
Address Breakdown
Residential
1,546
Single Family
1,381
Multi-Family
165
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deanne Kouba Day • DAY AND COMPANY INC
Mls Name: REcolorado
Mls ID: #2756916