718 Punter St, Erie, CO, 80516 | 6.8% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Erie at 718 Punter St, Erie, CO, 80516 generates $3,392/mo in rent, after a $2,932/mo payment. Total monthly income is $3,392/mo. Return on cash invested sits at 19.46% in year one, and rental yield is 6.8% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 99.9% and total cumulative return in cash sums $196,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,392/mo property income rather than buyer’s personal income.

Townhouse

Built in 2025

1,755 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 80516, Erie, CO area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,143 (100%)
Owner Occupied HU	13,087 (86.4%)
Renter Occupied HU	1,668 (11.0%)
Vacant Housing Units	388 ( 2.6%)
Median Home Value	$734,692
Average Home Value	$860,031