204 3rd AvenueHugoCO80821
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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 Hugo at 204 3rd Avenue, Hugo, CO, 80821 with 5% annual appreciation on a $169,000 basis while $0/mo rent supports operations. 18% in year one. Equity gained on principal adds $1,091/yr, and five-year appreciation sums $46,692 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
9,360 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80821, Hugo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 320 (56.7%) |
| Renter Occupied HU | 148 (26.2%) |
| Vacant Housing Units | 96 (17.0%) |
| Median Home Value | $250,000 |
| Average Home Value | $289,008 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
74
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No similar rental properties found nearby.
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Listed by: Jana Ewing • Gordon Real Estate Group
Mls Name: REcolorado
Mls Provider:
Mls ID: #2809893
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