230 Morris StreetMonte VistaCO81144
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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 Monte Vista at 230 Morris Street, Monte Vista, CO, 81144 with 5% annual appreciation on a $489,900 basis while $3,218/mo rent supports operations. Total monthly income totals $3,218/mo and a $2,398/mo payment preserves $363/mo for cash returns. Annual cash flow comes to $4,353/yr on $162,402 deployed, and return on cash invested reaches 22.59% in year one. Equity gained on principal adds $3,161/yr, and five-year appreciation sums $135,350 alongside rental yield of 7.88%. Five-year ROI measures 116.74% and total cumulative return in cash totals $189,593.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,218/mo property income versus a $2,398/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81144, Monte Vista, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 1,905 (59.2%) |
| Renter Occupied HU | 1,019 (31.6%) |
| Vacant Housing Units | 296 ( 9.2%) |
| Median Home Value | $248,318 |
| Average Home Value | $311,286 |
Housing Distribution
Address Breakdown
Residential
2,954
Single Family
2,875
Multi-Family
79
Businesses
381
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Listed by: Cameron Roberts • Roberts Group Real Estate
Mls Name: CREN
Mls ID: #827483