843 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
Investment property for sale in Milliken at 843 S Carriage Dr, Milliken, CO, 80543 uses $164,093 cash to close to unlock $9,756/yr annual cash flow and $813/mo monthly cash flow. Total monthly income runs $3,698/mo, and a $2,423/mo payment keeps the spread at $813/mo. Purchase price stands at $495,000, and rental yield measures 8.96% with $3,698/mo rent. Return on cash invested shows 25.85% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 134.24% and total cumulative return in cash records $220,270. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,698/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 2006
9,783 sqft lot
$N/A/sqft
No 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