306 Gilpin Ave #5OtisCO80743
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 Otis at 306 Gilpin Ave #5, Otis, CO, 80743 with 5% annual appreciation on a $143,500 basis while $1,131/mo rent supports operations. Total monthly income totals $1,131/mo and a $702/mo payment preserves $295/mo for cash returns. Annual cash flow comes to $3,541/yr on $47,570 deployed, and return on cash invested reaches 27.35% in year one. Equity gained on principal adds $926/yr, and five-year appreciation sums $39,646 alongside rental yield of 9.46%. Five-year ROI measures 142.41% and total cumulative return in cash totals $67,745.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,131/mo property income versus a $702/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80743, Otis, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 502 (100%) |
| Owner Occupied HU | 345 (68.7%) |
| Renter Occupied HU | 98 (19.5%) |
| Vacant Housing Units | 59 (11.8%) |
| Median Home Value | $388,393 |
| Average Home Value | $403,181 |
Housing Distribution
Address Breakdown
Residential
410
Single Family
410
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices