4502 County Line Rd #7Olney SpringsCO81062
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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 Olney Springs at 4502 County Line Rd #7, Olney Springs, CO, 81062 offers a 10.56% rental yield on a $150,000 purchase with $1,320/mo rent. Total monthly income registers $1,320/mo, and a $734/mo payment leaves $446/mo available for distribution. Annual cash flow reaches $5,352/yr on $49,725 to close, and return on cash invested stands at 30.67% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 160.08% and total cumulative return in cash at $79,602. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,320/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1982
1.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81062, Olney Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 388 (100%) |
| Owner Occupied HU | 240 (61.9%) |
| Renter Occupied HU | 92 (23.7%) |
| Vacant Housing Units | 56 (14.4%) |
| Median Home Value | $100,000 |
| Average Home Value | $198,177 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
5
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Listed by: Janelle Baldwin • Riverside Realty, LLC
Mls Name: PAR
Mls ID: #235049