268 Elm StHartselCO80449
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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 Hartsel at 268 Elm St, Hartsel, CO, 80449 priced at $429,000 converts $2,612/mo rent into $112/mo cash flow after a $2,100/mo obligation. Total monthly income equals $2,612/mo, and annual cash flow totals $1,339/yr on $142,214 invested. Return on cash invested prints 20.85% in year one, and rental yield reads 7.31% against a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation compiles into $118,525 by year five. Five-year ROI reaches 107.42% and total cumulative return in cash sums $152,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,612/mo property income covering a $2,100/mo payment, not borrower’s personal income.
Single Family
Built in 1962
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80449, Hartsel, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 932 (100%) |
| Owner Occupied HU | 373 (40.0%) |
| Renter Occupied HU | 38 ( 4.1%) |
| Vacant Housing Units | 521 (55.9%) |
| Median Home Value | $463,043 |
| Average Home Value | $497,956 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
21
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Listed by: Moraima Kelley • Re/Max Properties/69
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1055662
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