343 E Park AvePierceCO80650
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 Pierce at 343 E Park Ave, Pierce, CO, 80650 at $338,000 posts ROI 24.52% with $431/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $5,166/yr on $112,047 to close. Return on cash invested measures 24.52% and rental yield reads 8.52% at the current $338,000. Equity gained on principal adds $2,181/yr, and 5% annual appreciation supports $93,383 by year five. Five-year ROI prints 127.11% and total cumulative return in cash totals $142,418.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1930
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80650, Pierce, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 554 (76.5%) |
| Renter Occupied HU | 133 (18.4%) |
| Vacant Housing Units | 37 ( 5.1%) |
| Median Home Value | $466,875 |
| Average Home Value | $572,153 |
Housing Distribution
Address Breakdown
Residential
461
Single Family
461
Multi-Family
0
Businesses
36
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Nearby investment properties with comparable prices
Listed by: Ryan Livingston • RE/MAX Alliance-FTC South
Mls Name: IRES
Mls Provider:
Mls ID: #1042182
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.