7461 Locust StreetCommerce CityCO80022
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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 Commerce City at 7461 Locust Street, Commerce City, CO, 80022 uses $142,512 cash to close to unlock $285/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $2,529/mo, and a $2,104/mo payment keeps the spread at $24/mo. Purchase price stands at $429,900, and rental yield measures 7.06% with $2,529/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $118,773 over five years. Five-year ROI reaches 103.44% and total cumulative return in cash records $147,415. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,529/mo property income covering a $2,104/mo payment rather than investor’s personal income.
Single Family
Built in 1956
6,384 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80022, Commerce City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,174 (100%) |
| Owner Occupied HU | 15,814 (71.3%) |
| Renter Occupied HU | 5,505 (24.8%) |
| Vacant Housing Units | 855 ( 3.9%) |
| Median Home Value | $553,440 |
| Average Home Value | $562,715 |
Housing Distribution
Address Breakdown
Residential
20,938
Single Family
19,790
Multi-Family
1,148
Businesses
1,484
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Listed by: Monica Perez • Your Castle Real Estate Inc
Mls Name: REcolorado
Mls ID: #9574019