103 Byers AvenueHot Sulphur SpringsCO80451
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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 Hot Sulphur Springs at 103 Byers Avenue, Hot Sulphur Springs, CO, 80451 priced at $395,000 converts $1,638/mo rent into after a $1,933/mo obligation. Total monthly income equals $1,638/mo. Return on cash invested prints 13.83% in year one, and rental yield reads 4.98% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 69.77% and total cumulative return in cash sums $91,362. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,638/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Single Family
Built in 1965
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80451, Hot Sulphur Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 271 (68.1%) |
| Renter Occupied HU | 79 (19.8%) |
| Vacant Housing Units | 48 (12.1%) |
| Median Home Value | $783,482 |
| Average Home Value | $984,723 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
Listed by: Lindsey A Morrow • Keller Williams Top of the Rockies R E
Mls Name: GCBOR
Mls ID: #25-564