303 E 3rd StWrayCO80758
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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 Wray at 303 E 3rd St, Wray, CO, 80758 generates $2,700/mo in rent and, after a $1,713/mo payment, leaves $660/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $7,924/yr on $116,025 invested. Return on cash invested sits at 26.74% in year one, and rental yield is 9.26% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 139.02% and total cumulative return in cash sums $161,294. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Single Family
Built in 1902
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80758, Wray, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,685 (100%) |
| Owner Occupied HU | 971 (57.6%) |
| Renter Occupied HU | 526 (31.2%) |
| Vacant Housing Units | 188 (11.2%) |
| Median Home Value | $295,958 |
| Average Home Value | $361,133 |
Housing Distribution
Address Breakdown
Residential
1,533
Single Family
1,532
Multi-Family
1
Businesses
244
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