402 35th StEvansCO80620
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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 Evans at 402 35th St, Evans, CO, 80620 offers a 8.28% rental yield on a $314,700 purchase with $2,171/mo rent. Total monthly income registers $2,171/mo, and a $1,540/mo payment leaves $337/mo available for distribution. Annual cash flow reaches $4,047/yr on $104,323 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $2,031/yr while 5% annual appreciation supports $86,946 over five years. Portfolio math shows five-year ROI at 123.2% and total cumulative return in cash at $128,527. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,171/mo property income against a $1,540/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80620, Evans, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,861 (100%) |
| Owner Occupied HU | 4,675 (59.5%) |
| Renter Occupied HU | 2,968 (37.8%) |
| Vacant Housing Units | 218 ( 2.8%) |
| Median Home Value | $357,900 |
| Average Home Value | $359,566 |
Housing Distribution
Address Breakdown
Residential
7,418
Single Family
6,557
Multi-Family
861
Businesses
350
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