3155 Blue Sky Cir #16-103ErieCO80516
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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 Erie at 3155 Blue Sky Cir #16-103, Erie, CO, 80516 earns $562/mo cash flow from $2,477/mo rent with a $1,608/mo payment. Total monthly income totals $2,477/mo, and annual cash flow totals $6,749/yr on $108,898 capital. ROI tracks 26.11% on current figures, and rental yield reads 9.05% at a $328,500 purchase. Equity gained on principal adds $2,120/yr, and 5% annual appreciation supports $90,758 over five years. Five-year ROI reaches 135.61% and total cumulative return in cash sums $147,680. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,477/mo property income instead of your personal income.
Condo
Built in 2006
504 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80516, Erie, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,143 (100%) |
| Owner Occupied HU | 13,087 (86.4%) |
| Renter Occupied HU | 1,668 (11.0%) |
| Vacant Housing Units | 388 ( 2.6%) |
| Median Home Value | $734,692 |
| Average Home Value | $860,031 |
Housing Distribution
Address Breakdown
Residential
13,516
Single Family
13,002
Multi-Family
514
Businesses
687
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