507 4th AvenueHugoCO80821
Nearby investment properties with comparable rents
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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
Rental property for sale in Hugo at 507 4th Avenue, Hugo, CO, 80821 priced at $150,000 converts $1,204/mo rent into $330/mo cash flow after a $734/mo obligation. Total monthly income equals $1,204/mo, and annual cash flow totals $3,960/yr on $49,725 invested. Return on cash invested prints 27.87% in year one, and rental yield reads 9.63% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 145.07% and total cumulative return in cash sums $72,138. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,204/mo property income covering a $734/mo payment, not borrower’s personal income.
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
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Listed by: Jeffery Clint Jr. • inMotion Group Properties
Mls Name: REcolorado
Mls Provider:
Mls ID: #3851452
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