133 Meeker StFort MorganCO80701
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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 Fort Morgan at 133 Meeker St, Fort Morgan, CO, 80701 uses $59,637 cash to close to unlock $5,389/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $1,498/mo, and a $881/mo payment keeps the spread at $449/mo. Purchase price stands at $179,900, and rental yield measures 9.99% with $1,498/mo rent. Return on cash invested shows 28.95% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 150.91% and total cumulative return in cash records $89,997. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,498/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1903
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80701, Fort Morgan, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,252 (100%) |
| Owner Occupied HU | 3,704 (59.2%) |
| Renter Occupied HU | 2,118 (33.9%) |
| Vacant Housing Units | 430 ( 6.9%) |
| Median Home Value | $342,188 |
| Average Home Value | $373,164 |
Housing Distribution
Address Breakdown
Residential
5,979
Single Family
5,824
Multi-Family
155
Businesses
789
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Listed by: Reed Covelli • Peaks to Plains Properties
Mls Name: IRES
Mls ID: #1047486