1098 8th StreetLimonCO80828
Nearby investment properties with comparable rents
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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 Limon at 1098 8th Street, Limon, CO, 80828 generates $1,650/mo in rent and, after a $1,322/mo payment, leaves $76/mo in cash flow. Total monthly income is $1,650/mo, and annual cash flow is $912/yr on $89,505 invested. Return on cash invested sits at 20.93% in year one, and rental yield is 7.33% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 107.82% and total cumulative return in cash sums $96,505. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,650/mo property income rather than buyer’s personal income.
Single Family
Built in 1918
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80828, Limon, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,185 (100%) |
| Owner Occupied HU | 626 (52.8%) |
| Renter Occupied HU | 428 (36.1%) |
| Vacant Housing Units | 131 (11.1%) |
| Median Home Value | $359,804 |
| Average Home Value | $385,403 |
Housing Distribution
Address Breakdown
Residential
419
Single Family
419
Multi-Family
0
Businesses
149
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Listed by: Donna Metcalf • RURAL AMERICAN REALTY
Mls Name: REcolorado
Mls Provider:
Mls ID: #4783097
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