1194 Rimrock TerPenroseCO81240
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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 Penrose at 1194 Rimrock Ter, Penrose, CO, 81240 offers $3,767/mo rent that, after a $5,383/mo payment. Total monthly income is $3,767/mo. Return on cash invested measures 11.34% in year one, and rental yield stands at 4.11% at a $1,099,718 entry. Equity gained on principal adds $7,096/yr while 5% annual appreciation compounds into $303,832 by year five. Five-year ROI records 56.34% and total cumulative return in cash reaches $200,739. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,767/mo property income versus a $5,383/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
35 Acres lot
$N/A/sqft
$480 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81240, Penrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,570 (77.3%) |
| Renter Occupied HU | 301 (14.8%) |
| Vacant Housing Units | 159 ( 7.8%) |
| Median Home Value | $387,263 |
| Average Home Value | $437,113 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,851
Multi-Family
0
Businesses
145
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Listed by: Nick J. Sartori • Coming Home Realty
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #7371041
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