603 Locust AvenueLochbuieCO80603
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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 Lochbuie at 603 Locust Avenue, Lochbuie, CO, 80603 offers a 9.14% rental yield on a $174,900 purchase with $1,332/mo rent. Total monthly income registers $1,332/mo, and a $856/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,753/yr on $57,979 to close, and return on cash invested stands at 26.38% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,322 over five years. Portfolio math shows five-year ROI at 137.12% and total cumulative return in cash at $79,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,332/mo property income against a $856/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1965
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80603, Brighton, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,636 (100%) |
| Owner Occupied HU | 5,005 (88.8%) |
| Renter Occupied HU | 536 ( 9.5%) |
| Vacant Housing Units | 95 ( 1.7%) |
| Median Home Value | $574,462 |
| Average Home Value | $591,347 |
Housing Distribution
Address Breakdown
Residential
5,625
Single Family
5,625
Multi-Family
0
Businesses
160
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