619 W 3rd StFlorenceCO81226
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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 619 W 3rd St, Florence, CO, 81226 listed at $236,000 pairs $1,826/mo rent with a $1,155/mo payment to leave $451/mo cash flow. Total monthly income runs $1,826/mo, and annual cash flow reaches $5,409/yr on $78,234 cash to close. Return on cash invested measures 26.82% in year one, and rental yield registers 9.28% at a $236,000 basis. Equity gained on principal adds $1,523/yr, and annual property appreciation at 5% supports $65,202 by year five. Five-year ROI tracks 139.45% and total cumulative return in cash totals $109,098. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,826/mo property income relative to a $1,155/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
2,831 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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