261 Ellis AveMaybellCO81640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Maybell at 261 Ellis Ave, Maybell, CO, 81640 at $285,000 posts ROI 28.08% with $643/mo cash flow from $2,304/mo rent. Total monthly income equals $2,304/mo, and annual cash flow records $7,716/yr on $94,478 to close. Return on cash invested measures 28.08% and rental yield reads 9.7% at the current $285,000. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 by year five. Five-year ROI prints 146.15% and total cumulative return in cash totals $138,078.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,304/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
2.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81640, Maybell, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 161 (100%) |
| Owner Occupied HU | 70 (43.5%) |
| Renter Occupied HU | 33 (20.5%) |
| Vacant Housing Units | 58 (36.0%) |
| Median Home Value | $308,333 |
| Average Home Value | $288,357 |
Housing Distribution
Address Breakdown
Residential
34
Single Family
34
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julia A Bingham • RE/MAX About You
Mls Name: AGSMLS
Mls ID: #187940
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.