4246 S Eldridge Street #206MorrisonCO80465
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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 Morrison at 4246 S Eldridge Street #206, Morrison, CO, 80465 offers a 7.94% rental yield on a $340,000 purchase with $2,251/mo rent. Total monthly income registers $2,251/mo, and a $1,664/mo payment leaves $270/mo available for distribution. Annual cash flow reaches $3,236/yr on $112,710 to close, and return on cash invested stands at 22.78% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 117.77% and total cumulative return in cash at $132,738. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,251/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80465, Morrison, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,713 (100%) |
| Owner Occupied HU | 5,745 (85.6%) |
| Renter Occupied HU | 709 (10.6%) |
| Vacant Housing Units | 259 ( 3.9%) |
| Median Home Value | $769,803 |
| Average Home Value | $880,919 |
Housing Distribution
Address Breakdown
Residential
6,470
Single Family
6,226
Multi-Family
244
Businesses
268
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