3980 E Colorado BlvdColorado CityCO81019
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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
Total monthly income runs $1,170/mo, and a $3,426/mo payment. Purchase price stands at $699,900, and rental yield measures 2.01% with $1,170/mo rent. Return on cash invested shows 4.9% in year one, and 5% annual appreciation builds toward $193,369 over five years. Five-year ROI reaches 21.84% and total cumulative return in cash records $50,288. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,170/mo property income covering a $3,426/mo payment rather than investor’s personal income.
Single Family
Built in 1974
2.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81019, Colorado City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 612 (73.2%) |
| Renter Occupied HU | 146 (17.5%) |
| Vacant Housing Units | 78 ( 9.3%) |
| Median Home Value | $408,974 |
| Average Home Value | $387,782 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
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Listed by: Team House Hunter • Sorella Real Estate
Mls Name: PAR
Mls ID: #232873