212 5th StOvidCO80744
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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 Ovid at 212 5th St, Ovid, CO, 80744 generates $1,065/mo in rent and, after a $683/mo payment, leaves $252/mo in cash flow. Total monthly income is $1,065/mo, and annual cash flow is $3,022/yr on $46,244 invested. Return on cash invested sits at 26.44% in year one, and rental yield is 9.16% on a $139,500 entry. Equity gained on principal adds $900/yr, while 5% annual appreciation builds toward $38,541 over five years. Five-year ROI reaches 137.42% and total cumulative return in cash sums $63,549. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,065/mo property income rather than buyer’s personal income.
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
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