116 Seventh AveWigginsCO80654
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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 Wiggins at 116 Seventh Ave, Wiggins, CO, 80654 uses $179,963 cash to close to unlock $6,810/yr annual cash flow and $567/mo monthly cash flow. Total monthly income runs $3,755/mo, and a $2,677/mo payment keeps the spread at $567/mo. Purchase price stands at $547,000, and rental yield measures 8.24% with $3,755/mo rent. Return on cash invested shows 23.84% in year one, and 5% annual appreciation builds toward $151,126 over five years. Five-year ROI reaches 123.43% and total cumulative return in cash records $222,136. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,755/mo property income covering a $2,677/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80654, Wiggins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,377 (100%) |
| Owner Occupied HU | 1,019 (74.0%) |
| Renter Occupied HU | 242 (17.6%) |
| Vacant Housing Units | 116 ( 8.4%) |
| Median Home Value | $449,454 |
| Average Home Value | $472,691 |
Housing Distribution
Address Breakdown
Residential
1,362
Single Family
1,362
Multi-Family
0
Businesses
113
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