123 Arkansas AveOrdwayCO81063
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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 Ordway at 123 Arkansas Ave, Ordway, CO, 81063 uses $62,388 cash to close to unlock $520/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $1,140/mo, and a $921/mo payment keeps the spread at $43/mo. Purchase price stands at $188,200, and rental yield measures 7.27% with $1,140/mo rent. Return on cash invested shows 20.74% in year one, and 5% annual appreciation builds toward $51,996 over five years. Five-year ROI reaches 106.88% and total cumulative return in cash records $66,683. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,140/mo property income covering a $921/mo payment rather than investor’s personal income.
Manufactured
Built in 1980
10,105 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81063, Ordway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 480 (59.8%) |
| Renter Occupied HU | 229 (28.5%) |
| Vacant Housing Units | 94 (11.7%) |
| Median Home Value | $121,875 |
| Average Home Value | $187,453 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
680
Multi-Family
26
Businesses
100
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Listed by: Donna Phillips • RE/MAX Of Pueblo Inc
Mls Name: PAR
Mls Provider:
Mls ID: #223152
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.