246 Loop DriveHowardCO81233
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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 Howard at 246 Loop Drive, Howard, CO, 81233 earns $442/mo cash flow from $2,767/mo rent with a $1,953/mo payment. Total monthly income totals $2,767/mo, and annual cash flow totals $5,299/yr on $132,269 capital. ROI tracks 23.92% on current figures, and rental yield reads 8.32% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 123.86% and total cumulative return in cash sums $163,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,767/mo property income instead of your personal income.
Manufactured
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81233, Howard, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 923 (100%) |
| Owner Occupied HU | 565 (61.2%) |
| Renter Occupied HU | 95 (10.3%) |
| Vacant Housing Units | 263 (28.5%) |
| Median Home Value | $413,182 |
| Average Home Value | $449,973 |
Housing Distribution
Address Breakdown
Residential
376
Single Family
376
Multi-Family
0
Businesses
25
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