408 Empire RdCanon CityCO81212
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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 Canon City at 408 Empire Rd, Canon City, CO, 81212 at $380,000 posts ROI 19.88% with from $2,212/mo rent. Total monthly income equals $2,212/mo. Return on cash invested measures 19.88% and rental yield reads 6.99% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 102.24% and total cumulative return in cash totals $128,797. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,212/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
6,098 sqft 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: Ryan Hand • Homesmart Preferred Realty
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #1608598
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.