1 Bay MdwsColorado CityCO81019
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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 Colorado City at 1 Bay Mdws, Colorado City, CO, 81019 priced at $649,900 converts $2,995/mo rent into after a $3,181/mo obligation. Total monthly income equals $2,995/mo. Return on cash invested prints 15.61% in year one, and rental yield reads 5.53% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 79.3% and total cumulative return in cash sums $169,554. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,995/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81019, Colorado City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 612 (73.2%) |
| Renter Occupied HU | 146 (17.5%) |
| Vacant Housing Units | 78 ( 9.3%) |
| Median Home Value | $408,974 |
| Average Home Value | $387,782 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
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Nearby investment properties with comparable prices
Listed by: Melanie Magee • RE/MAX Associates
Mls Name: PAR
Mls ID: #236061