115 S Boone 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 115 S Boone Ave, Boone, CO, 81025 earns $577/mo cash flow from $1,801/mo rent with a $1,028/mo payment. Total monthly income totals $1,801/mo, and annual cash flow totals $6,924/yr on $69,615 capital. ROI tracks 29.86% on current figures, and rental yield reads 10.29% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 155.7% and total cumulative return in cash sums $108,388. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,801/mo property income instead of your personal income.
Single Family
Built in 1921
9,583 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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