2602 3rd AvePuebloCO81003
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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 Pueblo at 2602 3rd Ave, Pueblo, CO, 81003 uses $94,478 cash to close to unlock $5,316/yr annual cash flow and $443/mo monthly cash flow. Total monthly income runs $2,104/mo, and a $1,395/mo payment keeps the spread at $443/mo. Purchase price stands at $285,000, and rental yield measures 8.86% with $2,104/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 132.53% and total cumulative return in cash records $125,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,104/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1951
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81003, Pueblo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,633 (100%) |
| Owner Occupied HU | 2,774 (41.8%) |
| Renter Occupied HU | 3,289 (49.6%) |
| Vacant Housing Units | 570 ( 8.6%) |
| Median Home Value | $235,000 |
| Average Home Value | $281,583 |
Housing Distribution
Address Breakdown
Residential
6,047
Single Family
5,430
Multi-Family
617
Businesses
1,115
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