1004 Elm AveCollbranCO81624
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Collbran at 1004 Elm Ave, Collbran, CO, 81624 at $190,000 posts ROI 24.89% with $262/mo cash flow from $1,369/mo rent. Total monthly income equals $1,369/mo, and annual cash flow records $3,140/yr on $62,985 to close. Return on cash invested measures 24.89% and rental yield reads 8.65% at the current $190,000. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 by year five. Five-year ROI prints 129.14% and total cumulative return in cash totals $81,336.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,369/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1919
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81624, Collbran, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 876 (100%) |
| Owner Occupied HU | 459 (52.4%) |
| Renter Occupied HU | 123 (14.0%) |
| Vacant Housing Units | 294 (33.6%) |
| Median Home Value | $677,455 |
| Average Home Value | $1,054,635 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
48
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Nearby investment properties with comparable prices
Listed by: Brian Donaldson • Bray Real Estate
Mls Name: AGSMLS
Mls ID: #187964
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.