310 Chipeta AvenuePoncha SpringsCO81242
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 Poncha Springs at 310 Chipeta Avenue, Poncha Springs, CO, 81242 priced at $481,000 converts $2,795/mo rent into after a $2,354/mo obligation. Total monthly income equals $2,795/mo. Return on cash invested prints 19.85% in year one, and rental yield reads 6.97% against a $481,000 entry. Equity gained on principal adds $3,104/yr, while 5% annual appreciation compiles into $132,891 by year five. Five-year ROI reaches 102.07% and total cumulative return in cash sums $162,751. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,795/mo property income covering a $2,354/mo payment, not borrower’s personal income.
Single Family
Built in 2016
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81242, Poncha Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 331 (100%) |
| Owner Occupied HU | 217 (65.6%) |
| Renter Occupied HU | 70 (21.1%) |
| Vacant Housing Units | 44 (13.3%) |
| Median Home Value | $782,197 |
| Average Home Value | $884,240 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
73
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodi Nordahl-Homes • HomeSmart Preferred Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #3741612
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)