1423 Harrison AvenueCanon CityCO81212
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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 Canon City at 1423 Harrison Avenue, Canon City, CO, 81212 priced at $110,000 pairs $1,738/mo rent with $1,097/mo cash flow after a $538/mo payment. Total monthly income equals $1,738/mo, and annual cash flow comes to $13,168/yr on $36,465 invested. Return on cash invested is 56.02% in year one, and rental yield stands at 18.96% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 296.11% and total cumulative return in cash reaches $107,976. For financing, Ziffy Mortgage’s DSCR program evaluates $1,738/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1898
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81212, Canon City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 8,508 (65.2%) |
| Renter Occupied HU | 3,412 (26.2%) |
| Vacant Housing Units | 1,120 ( 8.6%) |
| Median Home Value | $329,969 |
| Average Home Value | $370,937 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,315
Multi-Family
785
Businesses
796
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Listed by: Benjamin Krueck • Properties of Colorado Real Estate Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #7431502
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)