212 5th StOvidCO80744
INVESTMENT ANALYSIS
Investment Verdict
Solid Income212 5th St, Ovid, CO, 80744 in Ovid is a solid income-producing rental, 9.16% gross yield, $1,065/mo rent, $252/mo net cash flow on a $139,500 buy. DSCR 1.70 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $38,541 and $1,285/yr in principal reduction project a total cumulative return of $68,920.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 7.0% |
| Monthly Cash Flow | $252 | $500 |
City averages based on Ovid market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,065 |
| Total Monthly Debt Service | $757 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1926
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80744, Ovid, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 243 (100%) |
| Owner Occupied HU | 148 (60.9%) |
| Renter Occupied HU | 43 (17.7%) |
| Vacant Housing Units | 52 (21.4%) |
| Median Home Value | $310,000 |
| Average Home Value | $390,220 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
85
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1926
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80744, Ovid, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 243 (100%) |
| Owner Occupied HU | 148 (60.9%) |
| Renter Occupied HU | 43 (17.7%) |
| Vacant Housing Units | 52 (21.4%) |
| Median Home Value | $310,000 |
| Average Home Value | $390,220 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
85
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices