22203 Canal StreetAustinCO81410
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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 Austin at 22203 Canal Street, Austin, CO, 81410 uses $35,106 cash to close to unlock $2,714/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $843/mo, and a $518/mo payment keeps the spread at $226/mo. Purchase price stands at $105,900, and rental yield measures 9.55% with $843/mo rent. Return on cash invested shows 27.64% in year one, and 5% annual appreciation builds toward $29,258 over five years. Five-year ROI reaches 143.97% and total cumulative return in cash records $50,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $843/mo property income covering a $518/mo payment rather than investor’s personal income.
Manufactured
Built in 1967
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81410, Austin, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 899 (100%) |
| Owner Occupied HU | 662 (73.6%) |
| Renter Occupied HU | 159 (17.7%) |
| Vacant Housing Units | 78 ( 8.7%) |
| Median Home Value | $420,476 |
| Average Home Value | $427,492 |
Housing Distribution
Address Breakdown
Residential
784
Single Family
784
Multi-Family
0
Businesses
50
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Listed by: Tari Markley • CinaJones Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #823672
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.