307 High Meadows DrFlorenceCO81226
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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 307 High Meadows Dr, Florence, CO, 81226 priced at $538,500 converts $3,152/mo rent into $13/mo cash flow after a $2,636/mo obligation. Total monthly income equals $3,152/mo, and annual cash flow totals $161/yr on $177,167 invested. Return on cash invested prints 20.15% in year one, and rental yield reads 7.02% against a $538,500 entry. Equity gained on principal adds $3,475/yr, while 5% annual appreciation compiles into $148,778 by year five. Five-year ROI reaches 103.64% and total cumulative return in cash sums $183,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,152/mo property income covering a $2,636/mo payment, not borrower’s personal income.
Single Family
Built in 2004
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: Marian Dirito • Re/Max Royal Gorge
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #71059
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