118 S 1st StCherawCO81030
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play118 S 1st St, Cheraw, CO, 81030 in Cheraw is priced for appreciation, not yield. Rental yield 0%. At $125,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $34,535 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Cheraw market data in our database. Property projections are estimates.
Single Family
Built in 1913
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81030, Cheraw, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 54 (100%) |
| Owner Occupied HU | 37 (68.5%) |
| Renter Occupied HU | 12 (22.2%) |
| Vacant Housing Units | 5 ( 9.3%) |
| Median Home Value | $289,286 |
| Average Home Value | $378,581 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1913
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81030, Cheraw, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 54 (100%) |
| Owner Occupied HU | 37 (68.5%) |
| Renter Occupied HU | 12 (22.2%) |
| Vacant Housing Units | 5 ( 9.3%) |
| Median Home Value | $289,286 |
| Average Home Value | $378,581 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Cameron Salzbrenner • The Hancock Group
Mls Name: PAR
Mls Provider:
Mls ID: #231991
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.