107 Otero AveOrdwayCO81063
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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 Ordway at 107 Otero Ave, Ordway, CO, 81063 priced at $115,000 converts $899/mo rent into $229/mo cash flow after a $563/mo obligation. Total monthly income equals $899/mo, and annual cash flow totals $2,744/yr on $38,123 invested. Return on cash invested prints 27.11% in year one, and rental yield reads 9.38% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 141.01% and total cumulative return in cash sums $53,757. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $899/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1975
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81063, Ordway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 480 (59.8%) |
| Renter Occupied HU | 229 (28.5%) |
| Vacant Housing Units | 94 (11.7%) |
| Median Home Value | $121,875 |
| Average Home Value | $187,453 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
680
Multi-Family
26
Businesses
100
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