212 2nd Street, Iliff, CO 80736
A house with a second home on the lot. Live in one and rent out the other. How it works
Live here for about
We are still working out the rent on this one.
Income to qualify: about $24,000 a year
With how much down?
At 20% down ($25,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $16,000 of it. See the ten-year math
How we work this out
No rent is counted for this home yet, so the cost to live here is the whole loan payment, taxes, insurance and any dues. Income to qualify uses a 43% debt-to-income limit and none of your other debts.
$3,750 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Looking for a project with serious upside? This unique .75-acre property features three separate homes, making it an ideal opportunity for investors, multi-generational living, rental income, or a full-scale renovation vision. Plenty of space, plenty of structures, and plenty of potential - but bring your tools, creativity, and work gloves. All three homes need significant work, but the potential is undeniable. Whether you're looking to renovate and rent, create a multi-home family setup, or develop the property into something entirely new, this is a rare chance to shape a property with built-in value.
House + ADU
Property Type
14,000 sqft
Lot Size
1937
Year Built
Listing Date: 06/21/2026
Listed by: Renee A. Selvidge
Listing office: Area Wide Realty, LLC
Contact: 970-520-0321
Source: REcolorado #IR1062675
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
List Price
FINANCIALS
How much do you want to put down?
Before rent: principal and interest at 6.0% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($25,000) and 6.0%, 30-year fixed. Your rate and down payment change this.
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
Free. No credit pull.
MLS# IR1062675 · Listing office: Area Wide Realty, LLC
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