501 Evans AvenueKeenesburgCO80643
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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 Keenesburg at 501 Evans Avenue, Keenesburg, CO, 80643 uses $145,860 cash to close to unlock $7,180/yr annual cash flow and $598/mo monthly cash flow. Total monthly income runs $3,163/mo, and a $2,154/mo payment keeps the spread at $598/mo. Purchase price stands at $440,000, and rental yield measures 8.63% with $3,163/mo rent. Return on cash invested shows 24.83% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 128.79% and total cumulative return in cash records $187,846. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,163/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80643, Keenesburg, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,712 (100%) |
| Owner Occupied HU | 1,405 (82.1%) |
| Renter Occupied HU | 230 (13.4%) |
| Vacant Housing Units | 77 ( 4.5%) |
| Median Home Value | $603,665 |
| Average Home Value | $639,589 |
Housing Distribution
Address Breakdown
Residential
1,578
Single Family
1,578
Multi-Family
0
Businesses
95
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Listed by: Darrian Balderrama • eXp Realty, LLC
Mls Name: REcolorado
Mls ID: #8584631