4665 W Highway 24FlorissantCO80816
Nearby investment properties with comparable rents
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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 Florissant at 4665 W Highway 24, Florissant, CO, 80816 generates $3,298/mo in rent and, after a $2,429/mo payment, leaves $406/mo in cash flow. Total monthly income is $3,298/mo, and annual cash flow is $4,869/yr on $164,523 invested. Return on cash invested sits at 22.87% in year one, and rental yield is 7.97% on a $496,300 entry. Equity gained on principal adds $3,203/yr, while 5% annual appreciation builds toward $137,119 over five years. Five-year ROI reaches 118.24% and total cumulative return in cash sums $194,530. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,298/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
40 Acres lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
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