322 W Harper StLouisvilleCO80027
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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 Louisville at 322 W Harper St, Louisville, CO, 80027 priced at $674,500 converts $4,640/mo rent into $709/mo cash flow after a $3,301/mo obligation. Total monthly income equals $4,640/mo, and annual cash flow totals $8,514/yr on $221,911 invested. Return on cash invested prints 23.9% in year one, and rental yield reads 8.26% against a $674,500 entry. Equity gained on principal adds $4,352/yr, while 5% annual appreciation compiles into $186,352 by year five. Five-year ROI reaches 123.72% and total cumulative return in cash sums $274,538. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,640/mo property income covering a $3,301/mo payment, not borrower’s personal income.
Single Family
Built in 1978
10,326 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80027, Louisville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,451 (100%) |
| Owner Occupied HU | 8,778 (60.7%) |
| Renter Occupied HU | 4,904 (33.9%) |
| Vacant Housing Units | 769 ( 5.3%) |
| Median Home Value | $886,304 |
| Average Home Value | $949,816 |
Housing Distribution
Address Breakdown
Residential
13,773
Single Family
10,625
Multi-Family
3,148
Businesses
1,479
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Listed by: Laura Shaffer • RE/MAX Elevate
Mls Name: IRES
Mls ID: #1046224