1109 Park AveMeekerCO81641
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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 Meeker at 1109 Park Ave, Meeker, CO, 81641 uses $69,615 cash to close to unlock $6,636/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $1,777/mo, and a $1,028/mo payment keeps the spread at $553/mo. Purchase price stands at $210,000, and rental yield measures 10.15% with $1,777/mo rent. Return on cash invested shows 29.44% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 153.47% and total cumulative return in cash records $106,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,777/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1903
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81641, Meeker, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,031 (54.9%) |
| Renter Occupied HU | 489 (26.1%) |
| Vacant Housing Units | 357 (19.0%) |
| Median Home Value | $337,689 |
| Average Home Value | $379,690 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
225
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