151 W 1st St NCheyenne WellsCO80810
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow151 W 1st St N, Cheyenne Wells, CO, 80810 in Cheyenne Wells is a top-tier cash-flow asset. At $128,000 it produces $1,876/mo in rent and $1,130/mo in net monthly income, a 17.58% gross rental yield. The DSCR of 3.26 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $13,556. Five-year appreciation adds $35,364, driving a total cumulative return of $121,064.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 17.6% | 5.5% |
| Monthly Cash Flow | $1,130 | $150 |
City averages based on Cheyenne Wells market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,876 |
| Total Monthly Debt Service | $695 |
| DSCR Ratio | 2.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
9,928 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80810, Cheyenne Wells, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 319 (61.2%) |
| Renter Occupied HU | 99 (19.0%) |
| Vacant Housing Units | 103 (19.8%) |
| Median Home Value | $301,429 |
| Average Home Value | $389,545 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
59
Multi-Family
17
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
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
Single Family
Built in 1950
9,928 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80810, Cheyenne Wells, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 319 (61.2%) |
| Renter Occupied HU | 99 (19.0%) |
| Vacant Housing Units | 103 (19.8%) |
| Median Home Value | $301,429 |
| Average Home Value | $389,545 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
59
Multi-Family
17
Businesses
90
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Buffy Kampf • Worth Clark Realty
Mls Name: IRES
Mls ID: #1037045