512 Byers AvenueHot Sulphur SpringsCO80451
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 Hot Sulphur Springs at 512 Byers Avenue, Hot Sulphur Springs, CO, 80451 priced at $299,900 converts $2,218/mo rent into $242/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,218/mo, and annual cash flow totals $2,900/yr on $99,417 invested. Return on cash invested prints 22.83% in year one, and rental yield reads 8.87% against a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation compiles into $82,857 by year five. Five-year ROI reaches 119.02% and total cumulative return in cash sums $118,324. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,218/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Manufactured
Built in 1936
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80451, Hot Sulphur Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 271 (68.1%) |
| Renter Occupied HU | 79 (19.8%) |
| Vacant Housing Units | 48 (12.1%) |
| Median Home Value | $783,482 |
| Average Home Value | $984,723 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Lemon • Coldwell Banker Elevated Realty
Mls Name: GCBOR
Mls ID: #25-847
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.