585 11th StBurlingtonCO80807
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 Burlington at 585 11th St, Burlington, CO, 80807 offers a 11.45% rental yield on a $220,000 purchase with $2,099/mo rent. Total monthly income registers $2,099/mo, and a $1,077/mo payment leaves $817/mo available for distribution. Annual cash flow reaches $9,800/yr on $72,930 to close, and return on cash invested stands at 33.35% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 174.45% and total cumulative return in cash at $127,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,099/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80807, Burlington, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,920 (100%) |
| Owner Occupied HU | 1,088 (56.7%) |
| Renter Occupied HU | 547 (28.5%) |
| Vacant Housing Units | 285 (14.8%) |
| Median Home Value | $260,101 |
| Average Home Value | $279,793 |
Housing Distribution
Address Breakdown
Residential
1,730
Single Family
1,678
Multi-Family
52
Businesses
343
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Listed by: Kyle Lambert • Eastern Plains Real Estate LLC
Mls Name: IRES
Mls ID: #1036122