4 N PkwyColorado 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
Rental property for sale in Colorado City at 4 N Pkwy, Colorado City, CO, 81019 offers $1,170/mo rent that, after a $1,806/mo payment. Total monthly income is $1,170/mo. Return on cash invested measures 9.93% in year one, and rental yield stands at 3.8% at a $369,000 entry. Equity gained on principal adds $2,381/yr while 5% annual appreciation compounds into $101,948 by year five. Five-year ROI records 48.98% and total cumulative return in cash reaches $59,919. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,170/mo property income versus a $1,806/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.66 Acres lot
$N/A/sqft
$110 quarterly 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: Jill Laca • Keller Williams Performance Realty
Mls Name: PAR
Mls Provider:
Mls ID: #234369
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.