108 College AveBooneCO81025
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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 Boone at 108 College Ave, Boone, CO, 81025 listed at $207,000 pairs $1,770/mo rent with a $1,013/mo payment to leave $564/mo cash flow. Total monthly income runs $1,770/mo, and annual cash flow reaches $6,766/yr on $68,621 cash to close. Return on cash invested measures 29.77% in year one, and rental yield registers 10.26% at a $207,000 basis. Equity gained on principal adds $1,336/yr, and annual property appreciation at 5% supports $57,190 by year five. Five-year ROI tracks 155.23% and total cumulative return in cash totals $106,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,770/mo property income relative to a $1,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1923
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81025, Boone, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 480 (100%) |
| Owner Occupied HU | 306 (63.7%) |
| Renter Occupied HU | 112 (23.3%) |
| Vacant Housing Units | 62 (12.9%) |
| Median Home Value | $212,857 |
| Average Home Value | $249,828 |
Housing Distribution
Address Breakdown
Residential
298
Single Family
298
Multi-Family
0
Businesses
17
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Listed by: Georgia Guzman • HomeSmart Preferred Realty
Mls Name: PAR
Mls Provider:
Mls ID: #226002
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.