118 W 5th StFlorenceCO81226
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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 Florence at 118 W 5th St, Florence, CO, 81226 with 5% annual appreciation on a $219,900 basis while $1,777/mo rent supports operations. Total monthly income totals $1,777/mo and a $1,076/mo payment preserves $496/mo for cash returns. Annual cash flow comes to $5,949/yr on $72,897 deployed, and return on cash invested reaches 28.07% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 9.7%. Five-year ROI measures 146.13% and total cumulative return in cash totals $106,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,777/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1903
7,013 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81226, Florence, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,984 (68.9%) |
| Renter Occupied HU | 669 (23.2%) |
| Vacant Housing Units | 227 ( 7.9%) |
| Median Home Value | $253,135 |
| Average Home Value | $306,033 |
Housing Distribution
Address Breakdown
Residential
2,570
Single Family
2,562
Multi-Family
8
Businesses
247
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Listed by: Linda Mattson • Homesmart Preferred Realty
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #71437
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