310 Colorado AveOrdwayCO81063
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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 Ordway at 310 Colorado Ave, Ordway, CO, 81063 at $143,000 posts ROI 32.98% with $517/mo cash flow from $1,350/mo rent. Total monthly income equals $1,350/mo, and annual cash flow records $6,198/yr on $47,405 to close. Return on cash invested measures 32.98% and rental yield reads 11.33% at the current $143,000. Equity gained on principal adds $923/yr, and 5% annual appreciation supports $39,508 by year five. Five-year ROI prints 172.52% and total cumulative return in cash totals $81,784.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,350/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
6,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81063, Ordway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 480 (59.8%) |
| Renter Occupied HU | 229 (28.5%) |
| Vacant Housing Units | 94 (11.7%) |
| Median Home Value | $121,875 |
| Average Home Value | $187,453 |
Housing Distribution
Address Breakdown
Residential
706
Single Family
680
Multi-Family
26
Businesses
100
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