1037 Cottonwood DrWrayCO80758
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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 Wray at 1037 Cottonwood Dr, Wray, CO, 80758 uses $125,639 cash to close to unlock $3,015/yr annual cash flow and $251/mo monthly cash flow. Total monthly income runs $2,460/mo, and a $1,855/mo payment keeps the spread at $251/mo. Purchase price stands at $379,000, and rental yield measures 7.79% with $2,460/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 115.25% and total cumulative return in cash records $144,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,460/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 1996
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80758, Wray, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,685 (100%) |
| Owner Occupied HU | 971 (57.6%) |
| Renter Occupied HU | 526 (31.2%) |
| Vacant Housing Units | 188 (11.2%) |
| Median Home Value | $295,958 |
| Average Home Value | $361,133 |
Housing Distribution
Address Breakdown
Residential
1,533
Single Family
1,532
Multi-Family
1
Businesses
244
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