800 E Main 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
Rental property for sale in Florence at 800 E Main St, Florence, CO, 81226 priced at $255,000 converts $2,263/mo rent into $777/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,263/mo, and annual cash flow totals $9,324/yr on $84,533 invested. Return on cash invested prints 30.94% in year one, and rental yield reads 10.65% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 161.5% and total cumulative return in cash sums $136,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,263/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1898
0.65 Acres 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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