424 Saint James StCentral CityCO80427
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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 Central City at 424 Saint James St, Central City, CO, 80427 uses $112,379 cash to close to unlock $7,255/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $2,580/mo, and a $1,659/mo payment keeps the spread at $605/mo. Purchase price stands at $339,000, and rental yield measures 9.13% with $2,580/mo rent. Return on cash invested shows 26.37% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 136.99% and total cumulative return in cash records $153,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,580/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1888
5,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80427, Central City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 305 (40.1%) |
| Renter Occupied HU | 238 (31.3%) |
| Vacant Housing Units | 217 (28.6%) |
| Median Home Value | $418,952 |
| Average Home Value | $440,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
58
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Listed by: Homes By Jackie Jones Team • RE/MAX Alliance-Nederland
Mls Name: IRES
Mls Provider:
Mls ID: #1035117
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing 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. Information deemed reliable but not guaranteed by the MLS.