375 14th StPenroseCO81240
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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 Penrose at 375 14th St, Penrose, CO, 81240 uses $97,759 cash to close to unlock $13,581/yr annual cash flow and $1,132/mo monthly cash flow. Total monthly income runs $2,850/mo, and a $1,443/mo payment keeps the spread at $1,132/mo. Purchase price stands at $294,900, and rental yield measures 11.6% with $2,850/mo rent. Return on cash invested shows 33.8% in year one, and 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 176.87% and total cumulative return in cash records $172,903. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,850/mo property income covering a $1,443/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81240, Penrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,570 (77.3%) |
| Renter Occupied HU | 301 (14.8%) |
| Vacant Housing Units | 159 ( 7.8%) |
| Median Home Value | $387,263 |
| Average Home Value | $437,113 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,851
Multi-Family
0
Businesses
145
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