515 N 7th StRocky FordCO81067
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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 Rocky Ford at 515 N 7th St, Rocky Ford, CO, 81067 priced at $230,000 converts $1,369/mo rent into $28/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,369/mo, and annual cash flow totals $340/yr on $76,245 invested. Return on cash invested prints 20.35% in year one, and rental yield reads 7.14% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 104.81% and total cumulative return in cash sums $79,915. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,369/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1903
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81067, Rocky Ford, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,434 (54.9%) |
| Renter Occupied HU | 802 (30.7%) |
| Vacant Housing Units | 374 (14.3%) |
| Median Home Value | $151,415 |
| Average Home Value | $182,301 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,113
Multi-Family
166
Businesses
228
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Listed by: Judy Carroll • RE/MAX Advantage Realty (2)
Mls Name: PAR
Mls Provider:
Mls ID: #230860
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.