213 Deuel StFort MorganCO80701
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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 Fort Morgan at 213 Deuel St, Fort Morgan, CO, 80701 uses $82,544 cash to close to unlock $8,503/yr annual cash flow and $709/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,219/mo payment keeps the spread at $709/mo. Purchase price stands at $249,000, and rental yield measures 10.41% with $2,160/mo rent. Return on cash invested shows 30.21% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 157.64% and total cumulative return in cash records $130,124. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1918
6,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80701, Fort Morgan, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,252 (100%) |
| Owner Occupied HU | 3,704 (59.2%) |
| Renter Occupied HU | 2,118 (33.9%) |
| Vacant Housing Units | 430 ( 6.9%) |
| Median Home Value | $342,188 |
| Average Home Value | $373,164 |
Housing Distribution
Address Breakdown
Residential
5,979
Single Family
5,824
Multi-Family
155
Businesses
789
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Listed by: Mandy Weichel • Colorado Land Co. LLC
Mls Name: IRES
Mls Provider:
Mls ID: #1040897
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing 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. Information deemed reliable but not guaranteed by the MLS.