1695 6th StLimonCO80828
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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 Limon at 1695 6th St, Limon, CO, 80828 generates $3,539/mo in rent and, after a $1,738/mo payment, leaves $1,470/mo in cash flow. Total monthly income is $3,539/mo, and annual cash flow is $17,636/yr on $117,683 invested. Return on cash invested sits at 34.9% in year one, and rental yield is 11.96% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 182.74% and total cumulative return in cash sums $215,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,539/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80828, Limon, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,185 (100%) |
| Owner Occupied HU | 626 (52.8%) |
| Renter Occupied HU | 428 (36.1%) |
| Vacant Housing Units | 131 (11.1%) |
| Median Home Value | $359,804 |
| Average Home Value | $385,403 |
Housing Distribution
Address Breakdown
Residential
419
Single Family
419
Multi-Family
0
Businesses
149
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