30997 Us Highway 287SpringfieldCO81073
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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 Springfield at 30997 Us Highway 287, Springfield, CO, 81073 listed at $1,080,000 pairs $1,314/mo rent with a $5,286/mo payment. Total monthly income runs $1,314/mo. Return on cash invested measures 3.29% in year one, and rental yield registers 1.46% at a $1,080,000 basis. Equity gained on principal adds $6,969/yr, and annual property appreciation at 5% supports $298,384 by year five. Five-year ROI tracks 13.15% and total cumulative return in cash totals $46,000. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,314/mo property income relative to a $5,286/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
490 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81073, Springfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 550 (57.2%) |
| Renter Occupied HU | 244 (25.4%) |
| Vacant Housing Units | 167 (17.4%) |
| Median Home Value | $202,083 |
| Average Home Value | $276,959 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
818
Multi-Family
32
Businesses
136
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Listed by: Scot Oliver • MASON & MORSE RANCH COMPANY
Mls Name: REcolorado
Mls Provider:
Mls ID: #8761879
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