507 4th AvenueHugoCO80821
INVESTMENT ANALYSIS
Investment Verdict
Solid Income507 4th Avenue, Hugo, CO, 80821 in Hugo is a solid income-producing rental, 9.63% gross yield, $1,204/mo rent, $330/mo net cash flow on a $150,000 buy. DSCR 1.79 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $41,442 and $1,382/yr in principal reduction project a total cumulative return of $77,900.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $330 | $200 |
City averages based on Hugo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,204 |
| Total Monthly Debt Service | $814 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1970
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80821, Hugo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 320 (56.7%) |
| Renter Occupied HU | 148 (26.2%) |
| Vacant Housing Units | 96 (17.0%) |
| Median Home Value | $250,000 |
| Average Home Value | $289,008 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
74
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
Manufactured
Built in 1970
3,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80821, Hugo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 320 (56.7%) |
| Renter Occupied HU | 148 (26.2%) |
| Vacant Housing Units | 96 (17.0%) |
| Median Home Value | $250,000 |
| Average Home Value | $289,008 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffery Clint Jr. • inMotion Group Properties
Mls Name: REcolorado
Mls Provider:
Mls ID: #3851452
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