309 Marion AvePlattevilleCO80651
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 309 Marion Ave, Platteville, CO, 80651 at $449,000 posts ROI 13.28% with from $1,795/mo rent. Total monthly income equals $1,795/mo. Return on cash invested measures 13.28% and rental yield reads 4.8% at the current $449,000. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 by year five. Five-year ROI prints 66.82% and total cumulative return in cash totals $99,460. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,795/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1888
5,940 sqft 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: Justin Gesso • Pro Realty Inc
Mls Name: IRES
Mls ID: #1038257