523 N Pikes Peak AveFlorenceCO81226
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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 Florence at 523 N Pikes Peak Ave, Florence, CO, 81226 listed at $319,900 pairs $2,082/mo rent with a $1,566/mo payment to leave $217/mo cash flow. Total monthly income runs $2,082/mo, and annual cash flow reaches $2,609/yr on $106,047 cash to close. Return on cash invested measures 22.37% in year one, and rental yield registers 7.81% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 115.57% and total cumulative return in cash totals $122,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,082/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1904
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81226, Florence, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,984 (68.9%) |
| Renter Occupied HU | 669 (23.2%) |
| Vacant Housing Units | 227 ( 7.9%) |
| Median Home Value | $253,135 |
| Average Home Value | $306,033 |
Housing Distribution
Address Breakdown
Residential
2,570
Single Family
2,562
Multi-Family
8
Businesses
247
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Listed by: Marian P. Dirito • Re/Max Royal Gorge
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #5567271
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