1516 E Routt AvePuebloCO81004
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pueblo at 1516 E Routt Ave, Pueblo, CO, 81004 generates $960/mo in rent, after a $978/mo payment. Total monthly income is $960/mo. Return on cash invested sits at 16.2% in year one, and rental yield is 5.76% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 82.54% and total cumulative return in cash sums $54,697. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Multi Family
Built in 1947
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81004, Pueblo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,368 (100%) |
| Owner Occupied HU | 6,011 (48.6%) |
| Renter Occupied HU | 5,493 (44.4%) |
| Vacant Housing Units | 864 ( 7.0%) |
| Median Home Value | $227,565 |
| Average Home Value | $298,676 |
Housing Distribution
Address Breakdown
Residential
11,182
Single Family
10,654
Multi-Family
528
Businesses
697
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices