505 Allen RoadCanon 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 505 Allen Road, Canon City, CO, 81212 earns from $1,706/mo rent with a $1,903/mo payment. Total monthly income totals $1,706/mo. ROI tracks 14.7% on current figures, and rental yield reads 5.27% at a $388,750 purchase. Equity gained on principal adds $2,509/yr, and 5% annual appreciation supports $107,404 over five years. Five-year ROI reaches 74.45% and total cumulative return in cash sums $95,940. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,706/mo property income instead of your personal income.
Single Family
Built in 2017
35.18 Acres lot
$N/A/sqft
Has HOA fee 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: Shelly Nordyke • Westcliffe Home & Ranch
Mls Name: REcolorado
Mls Provider:
Mls ID: #3648498
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)