1435 Pine StNorwoodCO81423
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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 Norwood at 1435 Pine St, Norwood, CO, 81423 uses $144,203 cash to close to unlock $11,496/yr annual cash flow and $958/mo monthly cash flow. Total monthly income runs $3,493/mo, and a $2,129/mo payment keeps the spread at $958/mo. Purchase price stands at $435,000, and rental yield measures 9.64% with $3,493/mo rent. Return on cash invested shows 27.88% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 145.1% and total cumulative return in cash records $209,244. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,493/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81423, Norwood, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 448 (55.7%) |
| Renter Occupied HU | 189 (23.5%) |
| Vacant Housing Units | 168 (20.9%) |
| Median Home Value | $567,308 |
| Average Home Value | $893,761 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
66
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Listed by: Arleen Boyd • Pine Cone Realty LLC
Mls Name: CREN
Mls Provider:
Mls ID: #822590
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.