731 Grand Avenue Lot 122PlattevilleCO80651
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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
Total monthly income runs $1,338/mo, and a $847/mo payment. Purchase price stands at $173,000, and rental yield measures 9.28% with $1,338/mo rent. Return on cash invested shows 4.83% in year one, and 5% annual appreciation builds toward $47,797 over five years. Five-year ROI reaches 29.51% and total cumulative return in cash records $16,923. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,338/mo property income covering a $847/mo payment rather than investor’s personal income.
Manufactured
Built in 1973
7,000 sqft lot
$N/A/sqft
$1,050 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80651, Platteville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,934 (100%) |
| Owner Occupied HU | 1,453 (75.1%) |
| Renter Occupied HU | 409 (21.1%) |
| Vacant Housing Units | 72 ( 3.7%) |
| Median Home Value | $602,834 |
| Average Home Value | $635,270 |
Housing Distribution
Address Breakdown
Residential
1,546
Single Family
1,381
Multi-Family
165
Businesses
140
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Listed by: Brenda Martinez • Brenda Martinez, Individual Proprietor
Mls Name: REcolorado
Mls Provider:
Mls ID: #7400093
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