Parcel 1 Mimosa RoadByersCO80103
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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 Byers at Parcel 1 Mimosa Road, Byers, CO, 80103 priced at $150,000 pairs $2,327/mo rent with $1,453/mo cash flow after a $734/mo payment. Total monthly income equals $2,327/mo, and annual cash flow comes to $17,436/yr on $49,725 invested. Return on cash invested is 54.97% in year one, and rental yield stands at 18.62% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 290.38% and total cumulative return in cash reaches $144,390. For financing, Ziffy Mortgage’s DSCR program evaluates $2,327/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
40.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80103, Byers, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 819 (79.1%) |
| Renter Occupied HU | 172 (16.6%) |
| Vacant Housing Units | 45 ( 4.3%) |
| Median Home Value | $565,848 |
| Average Home Value | $573,574 |
Housing Distribution
Address Breakdown
Residential
814
Single Family
814
Multi-Family
0
Businesses
75
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Listed by: Kelsey Haffner • Colorado Front Porch Realty Group
Mls Name: REcolorado
Mls Provider:
Mls ID: #8391206
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)