470 Redwood AveEatonCO80615
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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 Eaton at 470 Redwood Ave, Eaton, CO, 80615 with 5% annual appreciation on a $540,000 basis while $3,415/mo rent supports operations. Total monthly income totals $3,415/mo and a $2,643/mo payment preserves $246/mo for cash returns. Annual cash flow comes to $2,956/yr on $177,660 deployed, and return on cash invested reaches 21.72% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 7.59%. Five-year ROI measures 112.13% and total cumulative return in cash totals $199,214.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,415/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
10,487 sqft lot
$N/A/sqft
$260 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80615, Eaton, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,597 (100%) |
| Owner Occupied HU | 2,905 (80.8%) |
| Renter Occupied HU | 608 (16.9%) |
| Vacant Housing Units | 84 ( 2.3%) |
| Median Home Value | $593,518 |
| Average Home Value | $632,979 |
Housing Distribution
Address Breakdown
Residential
3,541
Single Family
3,463
Multi-Family
78
Businesses
256
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Listed by: Scott Nitzel • NextHome Foundations
Mls Name: IRES
Mls Provider:
Mls ID: #1042311
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.