842 S Carriage DrMillikenCO80543
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
Investment Highlights
Rental property for sale in Milliken at 842 S Carriage Dr, Milliken, CO, 80543 generates $3,222/mo in rent and, after a $2,467/mo payment, leaves $260/mo in cash flow. Total monthly income is $3,222/mo, and annual cash flow is $3,119/yr on $165,816 invested. Return on cash invested sits at 21.94% in year one, and rental yield is 7.67% on a $504,000 entry. Equity gained on principal adds $3,252/yr, while 5% annual appreciation builds toward $139,246 over five years. Five-year ROI reaches 113.28% and total cumulative return in cash sums $187,840. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,222/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
9,842 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80543, Milliken, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,302 (100%) |
| Owner Occupied HU | 2,822 (85.5%) |
| Renter Occupied HU | 413 (12.5%) |
| Vacant Housing Units | 67 ( 2.0%) |
| Median Home Value | $445,418 |
| Average Home Value | $485,823 |
Housing Distribution
Address Breakdown
Residential
3,061
Single Family
3,061
Multi-Family
0
Businesses
102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Woodrum • Coldwell Banker Realty- Fort Collins
Mls Name: IRES
Mls Provider:
Mls ID: #1045014
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.