23115 Highway 140HesperusCO81326
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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 Hesperus at 23115 Highway 140, Hesperus, CO, 81326 offers a 6.18% rental yield on a $395,000 purchase with $2,035/mo rent. 47% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 89.27% and total cumulative return in cash at $116,898. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,035/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81326, Hesperus, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 814 (71.8%) |
| Renter Occupied HU | 175 (15.4%) |
| Vacant Housing Units | 144 (12.7%) |
| Median Home Value | $576,923 |
| Average Home Value | $630,998 |
Housing Distribution
Address Breakdown
Residential
953
Single Family
953
Multi-Family
0
Businesses
23
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Listed by: Larserik Hansen • The Wells Group of Durango, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #818527
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.