414 4th StPenroseCO81240
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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 Penrose at 414 4th St, Penrose, CO, 81240 priced at $275,000 pairs $1,712/mo rent with $109/mo cash flow after a $1,346/mo payment. Total monthly income equals $1,712/mo, and annual cash flow comes to $1,312/yr on $91,163 invested. Return on cash invested is 21.35% in year one, and rental yield stands at 7.47% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 110.12% and total cumulative return in cash reaches $100,391. For financing, Ziffy Mortgage’s DSCR program evaluates $1,712/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
3.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81240, Penrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,570 (77.3%) |
| Renter Occupied HU | 301 (14.8%) |
| Vacant Housing Units | 159 ( 7.8%) |
| Median Home Value | $387,263 |
| Average Home Value | $437,113 |
Housing Distribution
Address Breakdown
Residential
1,851
Single Family
1,851
Multi-Family
0
Businesses
145
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Listed by: Hoshi H. Mistry • Keller Williams Performance Realty
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #71435
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