1210 Engelman RdWestcliffeCO81252
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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 Westcliffe at 1210 Engelman Rd, Westcliffe, CO, 81252 priced at $1,500,000 converts $4,582/mo rent into after a $7,342/mo obligation. Total monthly income equals $4,582/mo. Return on cash invested prints 10.04% in year one, and rental yield reads 3.67% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 49.33% and total cumulative return in cash sums $239,759. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,582/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 2007
70.22 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81252, Westcliffe, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,144 (100%) |
| Owner Occupied HU | 1,843 (44.5%) |
| Renter Occupied HU | 422 (10.2%) |
| Vacant Housing Units | 1,879 (45.3%) |
| Median Home Value | $463,447 |
| Average Home Value | $598,626 |
Housing Distribution
Address Breakdown
Residential
2,260
Single Family
2,232
Multi-Family
28
Businesses
281
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Listed by: Keely Smith • Custer County Realty, Inc.
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #70979
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