209 BYERS AvenueHot Sulphur SpringsCO80451
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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 Hot Sulphur Springs at 209 BYERS Avenue, Hot Sulphur Springs, CO, 80451 priced at $585,000 converts $1,873/mo rent into after a $2,863/mo obligation. Total monthly income equals $1,873/mo. Return on cash invested prints 10.48% in year one, and rental yield reads 3.84% against a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation compiles into $161,625 by year five. Five-year ROI reaches 51.78% and total cumulative return in cash sums $99,654. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,873/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 1888
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80451, Hot Sulphur Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 271 (68.1%) |
| Renter Occupied HU | 79 (19.8%) |
| Vacant Housing Units | 48 (12.1%) |
| Median Home Value | $783,482 |
| Average Home Value | $984,723 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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Listed by: Lindsey A Morrow • Keller Williams Top of the Rockies R E
Mls Name: GCBOR
Mls ID: #25-1043