227 N Lincoln Ave UNIT Space 2NunnCO80648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Nunn at 227 N Lincoln Ave UNIT Space 2, Nunn, CO, 80648 offers $884/mo rent that, after a $563/mo payment, leaves $214/mo cash flow. Total monthly income is $884/mo, and annual cash flow is $2,564/yr on $38,123 cash. Return on cash invested measures 26.63% in year one, and rental yield stands at 9.22% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 138.46% and total cumulative return in cash reaches $52,785. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $884/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80648, Nunn, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 647 (100%) |
| Owner Occupied HU | 537 (83.0%) |
| Renter Occupied HU | 75 (11.6%) |
| Vacant Housing Units | 35 ( 5.4%) |
| Median Home Value | $575,920 |
| Average Home Value | $659,115 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
444
Multi-Family
0
Businesses
39
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Listed by: Sasha Bannister • eXp Realty LLC
Mls Name: IRES
Mls Provider:
Mls ID: #5991
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.