509 Circle DrFlorissantCO80816
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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 509 Circle Dr, Florissant, CO, 80816 listed at $250,000 pairs $1,440/mo rent with a $1,224/mo payment. Total monthly income runs $1,440/mo. Return on cash invested measures 19.66% in year one, and rental yield registers 6.91% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 101.04% and total cumulative return in cash totals $83,734. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,440/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.81 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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Listed by: Stephanie Scoville • Homesmart Realty
Mls Name: Pikes Peak MLS
Mls ID: #1297433