800 Grand AvenuePlattevilleCO80651
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 800 Grand Avenue, Platteville, CO, 80651 in Platteville: $2,693/mo in rent, $420/mo in net income, 8.29% gross yield, 1.54 DSCR, all at $390,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $107,750 in appreciation and $3,592/yr in principal paydown projects total cumulative return of $174,278.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.5% |
| Monthly Cash Flow | $420 | $300 |
City averages based on Platteville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,693 |
| Total Monthly Debt Service | $2,118 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
0.48 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
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
Single Family
Built in 1959
0.48 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deanne Kouba Day • DAY AND COMPANY INC
Mls Name: REcolorado
Mls Provider:
Mls ID: #7996809
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)