00 Nevadaville Road Lot 52Central CityCO80427
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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 Central City at 00 Nevadaville Road Lot 52, Central City, CO, 80427 uses $34,808 cash to close to unlock $23,712/yr annual cash flow and $1,976/mo monthly cash flow. Total monthly income runs $2,588/mo, and a $514/mo payment keeps the spread at $1,976/mo. Purchase price stands at $105,000, and rental yield measures 29.58% with $2,588/mo rent. Return on cash invested shows 88.03% in year one, and 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 467.66% and total cumulative return in cash records $162,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,588/mo property income covering a $514/mo payment rather than investor’s personal income.
Lot
Built in N/A
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80427, Central City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 305 (40.1%) |
| Renter Occupied HU | 238 (31.3%) |
| Vacant Housing Units | 217 (28.6%) |
| Median Home Value | $418,952 |
| Average Home Value | $440,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
58
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Listed by: Caleb Skeen • Heritage West Realty LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #6096689
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)