104 Palmer StKit CarsonCO80825
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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 Kit Carson at 104 Palmer St, Kit Carson, CO, 80825 offers $0/mo rent that, after a $969/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.19% in year one, and rental yield stands at 0% at a $198,000 entry. Equity gained on principal adds $1,278/yr while 5% annual appreciation compounds into $54,704 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $969/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80825, Kit Carson, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 273 (100%) |
| Owner Occupied HU | 130 (47.6%) |
| Renter Occupied HU | 84 (30.8%) |
| Vacant Housing Units | 59 (21.6%) |
| Median Home Value | $270,000 |
| Average Home Value | $329,365 |
Housing Distribution
Address Breakdown
Residential
47
Single Family
47
Multi-Family
0
Businesses
26
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No similar rental properties found nearby.
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Listed by: Robbie King • Rocking X Land Company
Mls Name: IRES
Mls ID: #1038817