470 Sheep Ridge RdFairplayCO80440
Nearby investment properties with comparable rents
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
Investment property for sale in Fairplay at 470 Sheep Ridge Rd, Fairplay, CO, 80440 offers a 7.16% rental yield on a $595,500 purchase with $3,552/mo rent. Total monthly income registers $3,552/mo, and a $2,915/mo payment leaves $81/mo available for distribution. Annual cash flow reaches $974/yr on $195,920 to close, and return on cash invested stands at 20.56% in year one. Equity gained on principal adds $3,843/yr while 5% annual appreciation supports $164,526 over five years. Portfolio math shows five-year ROI at 105.82% and total cumulative return in cash at $207,327. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,552/mo property income against a $2,915/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80440, Fairplay, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,160 (100%) |
| Owner Occupied HU | 1,085 (34.3%) |
| Renter Occupied HU | 336 (10.6%) |
| Vacant Housing Units | 1,739 (55.0%) |
| Median Home Value | $478,506 |
| Average Home Value | $540,797 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices