300 Spring StreetCentral CityCO80427
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
Rental property for sale in Central City at 300 Spring Street, Central City, CO, 80427 offers $2,377/mo rent that, after a $849/mo payment, leaves $358/mo cash flow. Total monthly income is $2,377/mo, and annual cash flow is $4,298/yr on $57,515 cash. Return on cash invested measures 27.38% in year one, and rental yield stands at 16.44% at a $173,500 entry. Equity gained on principal adds $1,120/yr while 5% annual appreciation compounds into $47,935 by year five. Five-year ROI records 150.12% and total cumulative return in cash reaches $86,344. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,377/mo property income versus a $849/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1859
2,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80427, Central City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 305 (40.1%) |
| Renter Occupied HU | 238 (31.3%) |
| Vacant Housing Units | 217 (28.6%) |
| Median Home Value | $418,952 |
| Average Home Value | $440,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
58
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Nearby investment properties with comparable prices
Listed by: Ethan Cortez • Keller Williams Integrity Real Estate LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #7659527
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)