1616 Locust AveRocky FordCO81067
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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 Rocky Ford at 1616 Locust Ave, Rocky Ford, CO, 81067 offers $0/mo rent that, after a $1,023/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.19% in year one, and rental yield stands at 0% at a $209,000 entry. Equity gained on principal adds $1,349/yr while 5% annual appreciation compounds into $57,743 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,023/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,452 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81067, Rocky Ford, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,434 (54.9%) |
| Renter Occupied HU | 802 (30.7%) |
| Vacant Housing Units | 374 (14.3%) |
| Median Home Value | $151,415 |
| Average Home Value | $182,301 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,113
Multi-Family
166
Businesses
228
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Tawny Wilson • The Hancock Group
Mls Name: PAR
Mls ID: #231984