2853 Applewood CtColorado CityCO81019
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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 Colorado City at 2853 Applewood Ct, Colorado City, CO, 81019 earns $570/mo cash flow from $1,474/mo rent with a $759/mo payment. Total monthly income totals $1,474/mo, and annual cash flow totals $6,844/yr on $51,383 capital. ROI tracks 33.23% on current figures, and rental yield reads 11.41% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 173.86% and total cumulative return in cash sums $89,332. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,474/mo property income instead of your personal income.
Manufactured
Built in 1983
7,143 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81019, Colorado City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 612 (73.2%) |
| Renter Occupied HU | 146 (17.5%) |
| Vacant Housing Units | 78 ( 9.3%) |
| Median Home Value | $408,974 |
| Average Home Value | $387,782 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
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Listed by: Stephanie Bratcher • Southern Colo RE Brokers
Mls Name: PAR
Mls ID: #235987