116 Okie LnSouth forkCO81154
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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 South fork at 116 Okie Ln, South fork, CO, 81154 generates $1,883/mo in rent and, after a $793/mo payment, leaves $880/mo in cash flow. Total monthly income is $1,883/mo, and annual cash flow is $10,566/yr on $53,703 invested. Return on cash invested sits at 39.58% in year one, and rental yield is 13.95% on a $162,000 entry. Equity gained on principal adds $1,045/yr, while 5% annual appreciation builds toward $44,758 over five years. Five-year ROI reaches 208.4% and total cumulative return in cash sums $111,917. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,883/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
2,613 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81154, South Fork, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 508 (29.7%) |
| Renter Occupied HU | 150 ( 8.8%) |
| Vacant Housing Units | 1,050 (61.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $477,362 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
726
Multi-Family
48
Businesses
114
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Listed by: Aundrea Lillard • Lillard Realty Group, LLC
Mls Name: PAR
Mls Provider:
Mls ID: #232918
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.