366 W Elm StreetLouisvilleCO80027
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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 366 W Elm Street, Louisville, CO, 80027 offers $3,189/mo rent that, after a $3,793/mo payment. Total monthly income is $3,189/mo. Return on cash invested measures 13.81% in year one, and rental yield stands at 4.94% at a $775,000 entry. Equity gained on principal adds $5,001/yr while 5% annual appreciation compounds into $214,118 by year five. Five-year ROI records 69.64% and total cumulative return in cash reaches $177,571. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,189/mo property income versus a $3,793/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
5,570 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: Jordan Peterson • Milehimodern
Mls Name: REcolorado
Mls ID: #3119672