105 Illinois StPenroseCO81240
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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 Penrose at 105 Illinois St, Penrose, CO, 81240 offers a 7.3% rental yield on a $325,000 purchase with $1,976/mo rent. Total monthly income registers $1,976/mo, and a $1,591/mo payment leaves $82/mo available for distribution. Annual cash flow reaches $980/yr on $107,738 to close, and return on cash invested stands at 20.82% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 107.26% and total cumulative return in cash at $115,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,976/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81240, Penrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,570 (77.3%) |
| Renter Occupied HU | 301 (14.8%) |
| Vacant Housing Units | 159 ( 7.8%) |
| Median Home Value | $387,263 |
| Average Home Value | $437,113 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,851
Multi-Family
0
Businesses
145
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