893 S Bermont AvenueLafayetteCO80026
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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 Lafayette at 893 S Bermont Avenue, Lafayette, CO, 80026 priced at $625,000 converts $2,908/mo rent into after a $3,059/mo obligation. Total monthly income equals $2,908/mo. Return on cash invested prints 15.77% in year one, and rental yield reads 5.58% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 80.16% and total cumulative return in cash sums $164,833. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,908/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1970
8,785 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80026, Lafayette, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,619 (100%) |
| Owner Occupied HU | 9,297 (63.6%) |
| Renter Occupied HU | 4,895 (33.5%) |
| Vacant Housing Units | 427 ( 2.9%) |
| Median Home Value | $784,299 |
| Average Home Value | $831,890 |
Housing Distribution
Address Breakdown
Residential
14,269
Single Family
12,382
Multi-Family
1,887
Businesses
1,230
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