554 E Pleasant AveByersCO80103
INVESTMENT ANALYSIS
Investment Verdict
Solid Income554 E Pleasant Ave, Byers, CO, 80103 in Byers is a solid income-producing rental, 8.67% gross yield, $4,478/mo rent, $865/mo net cash flow on a $620,000 buy. DSCR 1.61 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $171,295 and $5,710/yr in principal reduction project a total cumulative return of $289,800.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.0% |
| Monthly Cash Flow | $865 | $1,200 |
City averages based on Byers market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,478 |
| Total Monthly Debt Service | $3,367 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1994
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80103, Byers, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 819 (79.1%) |
| Renter Occupied HU | 172 (16.6%) |
| Vacant Housing Units | 45 ( 4.3%) |
| Median Home Value | $565,848 |
| Average Home Value | $573,574 |
Housing Distribution
Address Breakdown
Residential
814
Single Family
814
Multi-Family
0
Businesses
75
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
Manufactured
Built in 1994
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80103, Byers, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 819 (79.1%) |
| Renter Occupied HU | 172 (16.6%) |
| Vacant Housing Units | 45 ( 4.3%) |
| Median Home Value | $565,848 |
| Average Home Value | $573,574 |
Housing Distribution
Address Breakdown
Residential
814
Single Family
814
Multi-Family
0
Businesses
75
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices