16 4th StreetSomersetCO81434
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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 Somerset at 16 4th Street, Somerset, CO, 81434 priced at $224,900 converts $1,557/mo rent into $246/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,557/mo, and annual cash flow totals $2,953/yr on $74,554 invested. Return on cash invested prints 23.87% in year one, and rental yield reads 8.31% against a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation compiles into $62,136 by year five. Five-year ROI reaches 123.66% and total cumulative return in cash sums $92,197. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,557/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Single Family
Built in 1907
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81434, Somerset, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 238 (100%) |
| Owner Occupied HU | 59 (24.8%) |
| Renter Occupied HU | 12 ( 5.0%) |
| Vacant Housing Units | 167 (70.2%) |
| Median Home Value | $787,500 |
| Average Home Value | $777,119 |
Housing Distribution
Address Breakdown
Residential
49
Single Family
49
Multi-Family
0
Businesses
10
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