3302 39th AveEvansCO80620
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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 Evans at 3302 39th Ave, Evans, CO, 80620 generates $3,029/mo in rent and, after a $1,919/mo payment, leaves $717/mo in cash flow. Total monthly income is $3,029/mo, and annual cash flow is $8,605/yr on $129,948 invested. Return on cash invested sits at 26.53% in year one, and rental yield is 9.27% on a $392,000 entry. Equity gained on principal adds $2,530/yr, while 5% annual appreciation builds toward $108,302 over five years. Five-year ROI reaches 138% and total cumulative return in cash sums $179,328. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,029/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
7,101 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80620, Evans, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,675 (59.5%) |
| Renter Occupied HU | 2,968 (37.8%) |
| Vacant Housing Units | 218 ( 2.8%) |
| Median Home Value | $357,900 |
| Average Home Value | $359,566 |
Housing Distribution
Address Breakdown
Residential
7,418
Single Family
6,557
Multi-Family
861
Businesses
350
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Listed by: Seth Bunting • Wonderwall Realty
Mls Name: IRES
Mls Provider:
Mls ID: #1040212
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.