507 Grand AvePlattevilleCO80651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Platteville at 507 Grand Ave, Platteville, CO, 80651 with 5% annual appreciation on a $307,500 basis while $1,650/mo rent supports operations. 24% in year one. Equity gained on principal adds $1,984/yr, and five-year appreciation sums $84,957 alongside rental yield of 6.44%. Five-year ROI measures 93.39% and total cumulative return in cash totals $95,199. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,650/mo property income versus a $1,505/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1915
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80651, Platteville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,934 (100%) |
| Owner Occupied HU | 1,453 (75.1%) |
| Renter Occupied HU | 409 (21.1%) |
| Vacant Housing Units | 72 ( 3.7%) |
| Median Home Value | $602,834 |
| Average Home Value | $635,270 |
Housing Distribution
Address Breakdown
Residential
1,546
Single Family
1,381
Multi-Family
165
Businesses
140
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linn Jensen • River Rock Realty, Inc.
Mls Name: IRES
Mls ID: #1045582