240 Veta AvePuebloCO81004
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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
Rental property for sale in Pueblo at 240 Veta Ave, Pueblo, CO, 81004 priced at $277,000 converts $1,921/mo rent into $306/mo cash flow after a $1,356/mo obligation. Total monthly income equals $1,921/mo, and annual cash flow totals $3,678/yr on $91,826 invested. Return on cash invested prints 23.91% in year one, and rental yield reads 8.32% against a $277,000 entry. Equity gained on principal adds $1,787/yr, while 5% annual appreciation compiles into $76,530 by year five. Five-year ROI reaches 123.86% and total cumulative return in cash sums $113,739. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,921/mo property income covering a $1,356/mo payment, not borrower’s personal income.
Single Family
Built in 1903
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81004, Pueblo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,368 (100%) |
| Owner Occupied HU | 6,011 (48.6%) |
| Renter Occupied HU | 5,493 (44.4%) |
| Vacant Housing Units | 864 ( 7.0%) |
| Median Home Value | $227,565 |
| Average Home Value | $298,676 |
Housing Distribution
Address Breakdown
Residential
11,182
Single Family
10,654
Multi-Family
528
Businesses
697
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Listed by: Meagan Kroeze • Real Broker, LLC DBA REAL
Mls Name: PAR
Mls Provider:
Mls ID: #230905
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.