309 N Logan AveFlemingCO80728
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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 Fleming at 309 N Logan Ave, Fleming, CO, 80728 priced at $160,000 converts $1,284/mo rent into $352/mo cash flow after a $783/mo obligation. Total monthly income equals $1,284/mo, and annual cash flow totals $4,220/yr on $53,040 invested. Return on cash invested prints 27.87% in year one, and rental yield reads 9.63% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 145.05% and total cumulative return in cash sums $76,934. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,284/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1928
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80728, Fleming, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 414 (100%) |
| Owner Occupied HU | 279 (67.4%) |
| Renter Occupied HU | 84 (20.3%) |
| Vacant Housing Units | 51 (12.3%) |
| Median Home Value | $280,738 |
| Average Home Value | $341,909 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
15
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