409 E Cleveland StLafayetteCO80026
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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 Lafayette at 409 E Cleveland St, Lafayette, CO, 80026 priced at $875,000 converts $2,986/mo rent into after a $4,283/mo obligation. Total monthly income equals $2,986/mo. Return on cash invested prints 11.25% in year one, and rental yield reads 4.1% against a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation compiles into $241,746 by year five. Five-year ROI reaches 55.91% and total cumulative return in cash sums $160,943. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,986/mo property income covering a $4,283/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80026, Lafayette, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,619 (100%) |
| Owner Occupied HU | 9,297 (63.6%) |
| Renter Occupied HU | 4,895 (33.5%) |
| Vacant Housing Units | 427 ( 2.9%) |
| Median Home Value | $784,299 |
| Average Home Value | $831,890 |
Housing Distribution
Address Breakdown
Residential
14,269
Single Family
12,382
Multi-Family
1,887
Businesses
1,230
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