1042 Park AveMeekerCO81641
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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 Meeker at 1042 Park Ave, Meeker, CO, 81641 earns $437/mo cash flow from $2,651/mo rent with a $1,859/mo payment. Total monthly income totals $2,651/mo, and annual cash flow totals $5,249/yr on $125,937 capital. ROI tracks 24.08% on current figures, and rental yield reads 8.37% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 124.73% and total cumulative return in cash sums $157,085. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,651/mo property income instead of your personal income.
Single Family
Built in 1913
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81641, Meeker, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,031 (54.9%) |
| Renter Occupied HU | 489 (26.1%) |
| Vacant Housing Units | 357 (19.0%) |
| Median Home Value | $337,689 |
| Average Home Value | $379,690 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
225
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Listed by: Bailey Waldref • Real Estate West
Mls Name: AGSMLS
Mls ID: #190223
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.