Gillingham-Rev Plan, Village Cooperative of Erie (Active Adults 62+)LafayetteCO80026
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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 Gillingham-Rev Plan, Village Cooperative of Erie (Active Adults 62+), Lafayette, CO, 80026 priced at $231,000 pairs $1,553/mo rent with $206/mo cash flow after a $1,131/mo payment. Total monthly income equals $1,553/mo, and annual cash flow comes to $2,477/yr on $76,577 invested. Return on cash invested is 23.14% in year one, and rental yield stands at 8.07% on a $231,000 basis. Equity gained on principal adds $1,491/yr, and 5% annual appreciation accumulates to $63,821 by year five. Five-year ROI measures 119.75% and total cumulative return in cash reaches $91,701. For financing, Ziffy Mortgage’s DSCR program evaluates $1,553/mo property income against a $1,131/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
N/A 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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