709 McMillen WayNederlandCO80466
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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
Rental property for sale in Nederland at 709 McMillen Way, Nederland, CO, 80466 offers $2,520/mo rent that, after a $4,283/mo payment. Total monthly income is $2,520/mo. Return on cash invested measures 9.31% in year one, and rental yield stands at 3.46% at a $875,000 entry. Equity gained on principal adds $5,646/yr while 5% annual appreciation compounds into $241,746 by year five. Five-year ROI records 45.48% and total cumulative return in cash reaches $130,931. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,520/mo property income versus a $4,283/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80466, Nederland, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,929 (100%) |
| Owner Occupied HU | 1,079 (55.9%) |
| Renter Occupied HU | 430 (22.3%) |
| Vacant Housing Units | 420 (21.8%) |
| Median Home Value | $808,024 |
| Average Home Value | $843,007 |
Housing Distribution
Address Breakdown
Residential
703
Single Family
703
Multi-Family
0
Businesses
147
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