2075 County Road 389WetmoreCO81253
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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 Wetmore at 2075 County Road 389, Wetmore, CO, 81253 offers a 7.58% rental yield on a $310,000 purchase with $1,957/mo rent. Total monthly income registers $1,957/mo, and a $1,517/mo payment leaves $151/mo available for distribution. Annual cash flow reaches $1,808/yr on $102,765 to close, and return on cash invested stands at 21.67% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 111.8% and total cumulative return in cash at $114,895. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,957/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2014
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81253, Wetmore, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 330 (100%) |
| Owner Occupied HU | 196 (59.4%) |
| Renter Occupied HU | 31 ( 9.4%) |
| Vacant Housing Units | 103 (31.2%) |
| Median Home Value | $717,742 |
| Average Home Value | $1,044,860 |
Housing Distribution
Address Breakdown
Residential
109
Single Family
86
Multi-Family
23
Businesses
13
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Listed by: Julie M. Reeves • Reeves Real Estate Llc
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #3229340
Disclaimer: IDX 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.