110 1/2 Logan AveMerinoCO80741
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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 Merino at 110 1/2 Logan Ave, Merino, CO, 80741 uses $89,505 cash to close to unlock $2,520/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,784/mo, and a $1,322/mo payment keeps the spread at $210/mo. Purchase price stands at $270,000, and rental yield measures 7.93% with $1,784/mo rent. Return on cash invested shows 22.72% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 117.45% and total cumulative return in cash records $105,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,784/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Manufactured
Built in 1997
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80741, Merino, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 359 (100%) |
| Owner Occupied HU | 244 (68.0%) |
| Renter Occupied HU | 73 (20.3%) |
| Vacant Housing Units | 42 (11.7%) |
| Median Home Value | $392,308 |
| Average Home Value | $456,691 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
17
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