505 Sioux AvenueSimlaCO80835
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
Rental property for sale in Simla at 505 Sioux Avenue, Simla, CO, 80835 priced at $240,000 pairs $2,206/mo rent with $807/mo cash flow after a $1,175/mo payment. Total monthly income equals $2,206/mo, and annual cash flow comes to $9,684/yr on $79,560 invested. Return on cash invested is 32.08% in year one, and rental yield stands at 11.03% on a $240,000 basis. Equity gained on principal adds $1,549/yr, and 5% annual appreciation accumulates to $66,308 by year five. Five-year ROI measures 167.62% and total cumulative return in cash reaches $133,358. For financing, Ziffy Mortgage’s DSCR program evaluates $2,206/mo property income against a $1,175/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1917
0.26 Acres 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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Nearby investment properties with comparable prices
Listed by: Patricia Gilbert • JPAR Modern Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #8981273
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