39 Ash LnCanon CityCO81212
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 Canon City at 39 Ash Ln, Canon City, CO, 81212 priced at $335,000 converts $2,070/mo rent into $117/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,070/mo, and annual cash flow totals $1,408/yr on $111,053 invested. Return on cash invested prints 21.18% in year one, and rental yield reads 7.41% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 109.18% and total cumulative return in cash sums $121,244. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,070/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Single Family
Built in 2001
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81212, Canon City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 8,508 (65.2%) |
| Renter Occupied HU | 3,412 (26.2%) |
| Vacant Housing Units | 1,120 ( 8.6%) |
| Median Home Value | $329,969 |
| Average Home Value | $370,937 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,315
Multi-Family
785
Businesses
796
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Listed by: Shelley L. Keller • Homesmart Preferred Realty
Mls Name: Royal Gorge AOR
Mls ID: #5712887