202 E 1st High StreetCentral CityCO80427
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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 Central City at 202 E 1st High Street, Central City, CO, 80427 listed at $490,000 pairs $3,282/mo rent with a $2,398/mo payment to leave $427/mo cash flow. Total monthly income runs $3,282/mo, and annual cash flow reaches $5,120/yr on $162,435 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 8.04% at a $490,000 basis. Equity gained on principal adds $3,162/yr, and annual property appreciation at 5% supports $135,378 by year five. Five-year ROI tracks 119.27% and total cumulative return in cash totals $193,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,282/mo property income relative to a $2,398/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80427, Central City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 305 (40.1%) |
| Renter Occupied HU | 238 (31.3%) |
| Vacant Housing Units | 217 (28.6%) |
| Median Home Value | $418,952 |
| Average Home Value | $440,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
58
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Listed by: Tony Thorpe • Crocker Realty, LLC
Mls Name: REcolorado
Mls ID: #9156020