418 Morrison LaneEmpireCO80438
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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 Empire at 418 Morrison Lane, Empire, CO, 80438 earns $785/mo cash flow from $2,003/mo rent with a $1,023/mo payment. Total monthly income totals $2,003/mo, and annual cash flow totals $9,419/yr on $69,284 capital. ROI tracks 33.5% on current figures, and rental yield reads 11.5% at a $209,000 purchase. Equity gained on principal adds $1,349/yr, and 5% annual appreciation supports $57,743 over five years. Five-year ROI reaches 175.26% and total cumulative return in cash sums $121,430. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,003/mo property income instead of your personal income.
Single Family
Built in 1956
2,435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80438, Empire, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 182 (45.7%) |
| Renter Occupied HU | 82 (20.6%) |
| Vacant Housing Units | 134 (33.7%) |
| Median Home Value | $392,857 |
| Average Home Value | $455,989 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
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Listed by: Ilene Schwartz • Coldwell Banker Realty 28
Mls Name: REcolorado
Mls Provider:
Mls ID: #9527186
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