3873 Lane 7Olney SpringsCO81062
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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 Olney Springs at 3873 Lane 7, Olney Springs, CO, 81062 earns from $2,906/mo rent with a $2,570/mo payment. Total monthly income totals $2,906/mo. ROI tracks 18.99% on current figures, and rental yield reads 6.64% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 97.4% and total cumulative return in cash sums $168,237. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,906/mo property income instead of your personal income.
Single Family
Built in 1996
119.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81062, Olney Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 388 (100%) |
| Owner Occupied HU | 240 (61.9%) |
| Renter Occupied HU | 92 (23.7%) |
| Vacant Housing Units | 56 (14.4%) |
| Median Home Value | $100,000 |
| Average Home Value | $198,177 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
5
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Listed by: Brian Hancock • The Hancock Group Inc.
Mls Name: REcolorado
Mls ID: #8517897