387 8th StreetFairplayCO80440
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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 Fairplay at 387 8th Street, Fairplay, CO, 80440 uses $155,805 cash to close to unlock $2,176/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $2,920/mo, and a $2,300/mo payment keeps the spread at $181/mo. Purchase price stands at $470,000, and rental yield measures 7.46% with $2,920/mo rent. Return on cash invested shows 21.31% in year one, and 5% annual appreciation builds toward $129,852 over five years. Five-year ROI reaches 109.87% and total cumulative return in cash records $171,177. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,920/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80440, Fairplay, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,160 (100%) |
| Owner Occupied HU | 1,085 (34.3%) |
| Renter Occupied HU | 336 (10.6%) |
| Vacant Housing Units | 1,739 (55.0%) |
| Median Home Value | $478,506 |
| Average Home Value | $540,797 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
141
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