1110 Mesa StNorwoodCO81423
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Norwood at 1110 Mesa St, Norwood, CO, 81423 priced at $440,000 pairs $3,169/mo rent with $604/mo cash flow after a $2,154/mo payment. Total monthly income equals $3,169/mo, and annual cash flow comes to $7,252/yr on $145,860 invested. Return on cash invested is 24.88% in year one, and rental yield stands at 8.64% on a $440,000 basis. Equity gained on principal adds $2,839/yr, and 5% annual appreciation accumulates to $121,564 by year five. Five-year ROI measures 129.06% and total cumulative return in cash reaches $188,242. For financing, Ziffy Mortgage’s DSCR program evaluates $3,169/mo property income against a $2,154/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81423, Norwood, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 448 (55.7%) |
| Renter Occupied HU | 189 (23.5%) |
| Vacant Housing Units | 168 (20.9%) |
| Median Home Value | $567,308 |
| Average Home Value | $893,761 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nora Davis • Rimrocker Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #822114
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.