492 N Raynolds AveCanon 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
Investment property for sale in Canon City at 492 N Raynolds Ave, Canon City, CO, 81212 with 5% annual appreciation on a $314,900 basis while $2,111/mo rent supports operations. Total monthly income totals $2,111/mo and a $1,541/mo payment preserves $276/mo for cash returns. Annual cash flow comes to $3,313/yr on $104,389 deployed, and return on cash invested reaches 23.08% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $87,001 alongside rental yield of 8.04%. Five-year ROI measures 119.42% and total cumulative return in cash totals $124,666.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,111/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
0.50 Acres lot
$N/A/sqft
No 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: Della A. Rieger • Real Broker, LLC
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #6462804
Disclaimer: IDX 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.