315 N Pikes Peak AveFlorenceCO81226
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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 315 N Pikes Peak Ave, Florence, CO, 81226 earns $654/mo cash flow from $2,663/mo rent with a $1,687/mo payment. Total monthly income totals $2,663/mo, and annual cash flow totals $7,851/yr on $114,268 capital. ROI tracks 26.78% on current figures, and rental yield reads 9.27% at a $344,700 purchase. Equity gained on principal adds $2,224/yr, and 5% annual appreciation supports $95,234 over five years. Five-year ROI reaches 139.25% and total cumulative return in cash sums $159,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,663/mo property income instead of your personal income.
Single Family
Built in 1898
5,519 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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