Newland Plan, Horizon at Erie Town CenterErieCO80516
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 Erie at Newland Plan, Horizon at Erie Town Center, Erie, CO, 80516 at $551,995 posts ROI 21.76% with $257/mo cash flow from $3,474/mo rent. Total monthly income equals $3,474/mo, and annual cash flow records $3,082/yr on $181,606 to close. Return on cash invested measures 21.76% and rental yield reads 7.55% at the current $551,995. Equity gained on principal adds $3,562/yr, and 5% annual appreciation supports $152,506 by year five. Five-year ROI prints 112.24% and total cumulative return in cash totals $203,832.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,474/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No 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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