106 Casey StreetCentral CityCO80427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Central City at 106 Casey Street, Central City, CO, 80427 offers $3,002/mo rent that, after a $2,398/mo payment, leaves $147/mo cash flow. Total monthly income is $3,002/mo, and annual cash flow is $1,760/yr on $162,435 cash. Return on cash invested measures 20.99% in year one, and rental yield stands at 7.35% at a $490,000 entry. Equity gained on principal adds $3,162/yr while 5% annual appreciation compounds into $135,378 by year five. Five-year ROI records 108.18% and total cumulative return in cash reaches $175,716. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,002/mo property income versus a $2,398/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1887
4,638 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80427, Central City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 305 (40.1%) |
| Renter Occupied HU | 238 (31.3%) |
| Vacant Housing Units | 217 (28.6%) |
| Median Home Value | $418,952 |
| Average Home Value | $440,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debby Ludvik • RE/MAX Professionals
Mls Name: REcolorado
Mls Provider:
Mls ID: #5080415
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)