2122 County Road Y43NorwoodCO81423
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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 Norwood at 2122 County Road Y43, Norwood, CO, 81423 generates $1,597/mo in rent, after a $2,442/mo payment. Total monthly income is $1,597/mo. Return on cash invested sits at 10.4% in year one, and rental yield is 3.84% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 51.4% and total cumulative return in cash sums $85,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,597/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
2.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81423, Norwood, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 448 (55.7%) |
| Renter Occupied HU | 189 (23.5%) |
| Vacant Housing Units | 168 (20.9%) |
| Median Home Value | $567,308 |
| Average Home Value | $893,761 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
66
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