Plan 2390 Plan, The Nest Reserve at Canyon CreekErieCO80516
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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 Plan 2390 Plan, The Nest Reserve at Canyon Creek, Erie, CO, 80516 offers a 7.17% rental yield on a $704,990 purchase with $4,214/mo rent. Total monthly income registers $4,214/mo, and a $3,451/mo payment leaves $105/mo available for distribution. Annual cash flow reaches $1,260/yr on $231,942 to close, and return on cash invested stands at 20.6% in year one. Equity gained on principal adds $4,549/yr while 5% annual appreciation supports $194,776 over five years. Portfolio math shows five-year ROI at 106.04% and total cumulative return in cash at $245,962. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,214/mo property income against a $3,451/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
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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