5121 Hicklin DrColorado CityCO81019
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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 Colorado City at 5121 Hicklin Dr, Colorado City, CO, 81019 offers a 6.2% rental yield on a $270,000 purchase with $1,394/mo rent. 5% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 89.43% and total cumulative return in cash at $80,041. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,394/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81019, Colorado City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 836 (100%) |
| Owner Occupied HU | 612 (73.2%) |
| Renter Occupied HU | 146 (17.5%) |
| Vacant Housing Units | 78 ( 9.3%) |
| Median Home Value | $408,974 |
| Average Home Value | $387,782 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
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Listed by: Nicholas Schmidt • Keller Williams Partners Realty
Mls Name: PAR
Mls ID: #233592