1980 Gilmore StreetWatkinsCO80137
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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 Watkins at 1980 Gilmore Street, Watkins, CO, 80137 listed at $405,000 pairs $3,048/mo rent with a $1,982/mo payment to leave $688/mo cash flow. Total monthly income runs $3,048/mo, and annual cash flow reaches $8,256/yr on $134,258 cash to close. Return on cash invested measures 26.06% in year one, and rental yield registers 9.03% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 135.33% and total cumulative return in cash totals $181,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,048/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2002
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80137, Watkins, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 724 (100%) |
| Owner Occupied HU | 600 (82.9%) |
| Renter Occupied HU | 78 (10.8%) |
| Vacant Housing Units | 46 ( 6.4%) |
| Median Home Value | $632,669 |
| Average Home Value | $643,117 |
Housing Distribution
Address Breakdown
Residential
561
Single Family
561
Multi-Family
0
Businesses
120
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Listed by: Jacob Romero • Orchard Brokerage LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #4159631
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)