180 W 3rd St SCheyenne WellsCO80810
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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 Cheyenne Wells at 180 W 3rd St S, Cheyenne Wells, CO, 80810 offers $1,706/mo rent that, after a $1,175/mo payment, leaves $307/mo cash flow. Total monthly income is $1,706/mo, and annual cash flow is $3,684/yr on $79,560 cash. Return on cash invested measures 24.54% in year one, and rental yield stands at 8.53% at a $240,000 entry. Equity gained on principal adds $1,549/yr while 5% annual appreciation compounds into $66,308 by year five. Five-year ROI records 127.2% and total cumulative return in cash reaches $101,198. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,706/mo property income versus a $1,175/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80810, Cheyenne Wells, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 319 (61.2%) |
| Renter Occupied HU | 99 (19.0%) |
| Vacant Housing Units | 103 (19.8%) |
| Median Home Value | $301,429 |
| Average Home Value | $389,545 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
59
Multi-Family
17
Businesses
90
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Listed by: Buffy Kampf • Worth Clark Realty
Mls Name: IRES
Mls Provider:
Mls ID: #1022133
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.