89 Sun Up CircleErieCO80516
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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 Erie at 89 Sun Up Circle, Erie, CO, 80516 at $850,000 posts ROI 16.51% with from $4,589/mo rent. Total monthly income equals $4,589/mo. Return on cash invested measures 16.51% and rental yield reads 6.48% at the current $850,000. Equity gained on principal adds $5,485/yr, and 5% annual appreciation supports $234,839 by year five. Five-year ROI prints 84.83% and total cumulative return in cash totals $237,214. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,589/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2015
6,240 sqft lot
$N/A/sqft
$96 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80516, Erie, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,143 (100%) |
| Owner Occupied HU | 13,087 (86.4%) |
| Renter Occupied HU | 1,668 (11.0%) |
| Vacant Housing Units | 388 ( 2.6%) |
| Median Home Value | $734,692 |
| Average Home Value | $860,031 |
Housing Distribution
Address Breakdown
Residential
13,516
Single Family
13,002
Multi-Family
514
Businesses
687
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Listed by: Brooke Lepine • LIV Sotheby's International Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #2227965
Disclaimer: 2023 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](/info/mls-disclaimers/#17059)