427 Freek Ranch RoadCanon 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
Rental property for sale in Canon City at 427 Freek Ranch Road, Canon City, CO, 81212 priced at $949,500 pairs $1,470/mo rent with after a $4,647/mo payment. Total monthly income equals $1,470/mo. Return on cash invested is 4.39% in year one, and rental yield stands at 1.86% on a $949,500 basis. Equity gained on principal adds $6,127/yr, and 5% annual appreciation accumulates to $262,329 by year five. Five-year ROI measures 19.13% and total cumulative return in cash reaches $59,761. For financing, Ziffy Mortgage’s DSCR program evaluates $1,470/mo property income against a $4,647/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
37.45 Acres lot
$N/A/sqft
$200 annually 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: Brent Hedrick • Great Western Ranch and Land, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #3553527
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)