160 S Wheat WayFairplayCO80440
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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
Investment property for sale in Fairplay at 160 S Wheat Way, Fairplay, CO, 80440 uses $187,201 cash to close to unlock $2,463/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $3,538/mo, and a $2,785/mo payment keeps the spread at $205/mo. Purchase price stands at $569,000, and rental yield measures 7.46% with $3,538/mo rent. Return on cash invested shows 21.38% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 110.26% and total cumulative return in cash records $206,399. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,538/mo property income covering a $2,785/mo payment rather than investor’s personal income.
Single Family
Built in 1999
2 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80440, Fairplay, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,160 (100%) |
| Owner Occupied HU | 1,085 (34.3%) |
| Renter Occupied HU | 336 (10.6%) |
| Vacant Housing Units | 1,739 (55.0%) |
| Median Home Value | $478,506 |
| Average Home Value | $540,797 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
141
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Listed by: Tony Giacone • Keller Williams Top Of Rockies
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1062322
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