350 S Elbert StreetElizabethCO80107
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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 Elizabeth at 350 S Elbert Street, Elizabeth, CO, 80107 offers $1,970/mo rent that, after a $2,198/mo payment. Total monthly income is $1,970/mo. Return on cash invested measures 14.69% in year one, and rental yield stands at 5.27% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 74.38% and total cumulative return in cash reaches $110,716. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,970/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80107, Elizabeth, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,219 (100%) |
| Owner Occupied HU | 5,607 (90.2%) |
| Renter Occupied HU | 406 ( 6.5%) |
| Vacant Housing Units | 206 ( 3.3%) |
| Median Home Value | $734,080 |
| Average Home Value | $786,794 |
Housing Distribution
Address Breakdown
Residential
5,550
Single Family
5,091
Multi-Family
459
Businesses
293
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