502 Navajo AvenueSimlaCO80835
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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 Simla at 502 Navajo Avenue, Simla, CO, 80835 uses $43,095 cash to close to unlock $3,200/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,024/mo, and a $636/mo payment keeps the spread at $267/mo. Purchase price stands at $130,000, and rental yield measures 9.45% with $1,024/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 142.21% and total cumulative return in cash records $61,287. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,024/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1912
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80835, Simla, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 355 (100%) |
| Owner Occupied HU | 216 (60.8%) |
| Renter Occupied HU | 76 (21.4%) |
| Vacant Housing Units | 63 (17.7%) |
| Median Home Value | $550,000 |
| Average Home Value | $631,944 |
Housing Distribution
Address Breakdown
Residential
160
Single Family
160
Multi-Family
0
Businesses
29
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Listed by: Dustin Wager • Legends Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #6195610
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