217 Idaho AveOrdwayCO81063
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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 Ordway at 217 Idaho Ave, Ordway, CO, 81063 earns $226/mo cash flow from $856/mo rent with a $529/mo payment. Total monthly income totals $856/mo, and annual cash flow totals $2,714/yr on $35,802 capital. ROI tracks 27.49% on current figures, and rental yield reads 9.51% at a $108,000 purchase. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,838 over five years. Five-year ROI reaches 143.14% and total cumulative return in cash sums $51,248. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $856/mo property income instead of your personal income.
Single Family
Built in 1902
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81063, Ordway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 480 (59.8%) |
| Renter Occupied HU | 229 (28.5%) |
| Vacant Housing Units | 94 (11.7%) |
| Median Home Value | $121,875 |
| Average Home Value | $187,453 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
680
Multi-Family
26
Businesses
100
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