422 Peak View CirFlorissantCO80816
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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 Florissant at 422 Peak View Cir, Florissant, CO, 80816 uses $82,875 cash to close to unlock $10,610/yr annual cash flow and $884/mo monthly cash flow. Total monthly income runs $2,344/mo, and a $1,224/mo payment keeps the spread at $884/mo. Purchase price stands at $250,000, and rental yield measures 11.25% with $2,344/mo rent. Return on cash invested shows 32.71% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 171.09% and total cumulative return in cash records $141,790. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,344/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Manufactured
Built in 1992
2 Acres lot
$N/A/sqft
$30 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80816, Florissant, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,095 (100%) |
| Owner Occupied HU | 2,575 (62.9%) |
| Renter Occupied HU | 325 ( 7.9%) |
| Vacant Housing Units | 1,195 (29.2%) |
| Median Home Value | $475,554 |
| Average Home Value | $491,181 |
Housing Distribution
Address Breakdown
Residential
2,962
Single Family
2,958
Multi-Family
4
Businesses
64
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Listed by: Chris Clark CRS GRI • Pikes Peak Homes and Land Ltd
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #5903618
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