1535 17th StPenroseCO81240
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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 Penrose at 1535 17th St, Penrose, CO, 81240 generates $2,796/mo in rent and, after a $1,859/mo payment, leaves $582/mo in cash flow. Total monthly income is $2,796/mo, and annual cash flow is $6,989/yr on $125,937 invested. Return on cash invested sits at 25.46% in year one, and rental yield is 8.83% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 132.14% and total cumulative return in cash sums $166,409. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,796/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
9.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81240, Penrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,570 (77.3%) |
| Renter Occupied HU | 301 (14.8%) |
| Vacant Housing Units | 159 ( 7.8%) |
| Median Home Value | $387,263 |
| Average Home Value | $437,113 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,851
Multi-Family
0
Businesses
145
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