515 Friendship Dr #24CliftonCO81520
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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 Clifton at 515 Friendship Dr #24, Clifton, CO, 81520 generates $1,542/mo in rent and, after a $979/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,542/mo, and annual cash flow is $3,376/yr on $66,300 invested. Return on cash invested sits at 25% in year one, and rental yield is 9.25% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 130.35% and total cumulative return in cash sums $86,420. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,542/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
5,227 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81520, Clifton, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,281 (59.8%) |
| Renter Occupied HU | 1,929 (35.1%) |
| Vacant Housing Units | 278 ( 5.1%) |
| Median Home Value | $266,219 |
| Average Home Value | $348,064 |
Housing Distribution
Address Breakdown
Residential
5,638
Single Family
5,102
Multi-Family
536
Businesses
233
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Listed by: N/A • FLAT FIVE REALTY
Mls Name: GJARA
Mls ID: #20243282
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.