1532 N 15th StCanon 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 1532 N 15th St, Canon City, CO, 81212 generates $1,606/mo in rent, after a $2,305/mo payment. Total monthly income is $1,606/mo. Return on cash invested sits at 11.16% in year one, and rental yield is 4.09% on a $471,000 entry. Equity gained on principal adds $3,039/yr, while 5% annual appreciation builds toward $130,129 over five years. Five-year ROI reaches 55.45% and total cumulative return in cash sums $86,579. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,606/mo property income rather than buyer’s personal income.
Multi Family
Built in 1971
0.44 Acres 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: Kurt L. Zerby • Kurt Zerby Real Estate Group
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #71629
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.