529 W Main StFlorenceCO81226
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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 Florence at 529 W Main St, Florence, CO, 81226 generates $1,961/mo in rent and, after a $1,106/mo payment, leaves $644/mo in cash flow. Total monthly income is $1,961/mo, and annual cash flow is $7,729/yr on $74,919 invested. Return on cash invested sits at 30.23% in year one, and rental yield is 10.41% on a $226,000 entry. Equity gained on principal adds $1,458/yr, while 5% annual appreciation builds toward $62,440 over five years. Five-year ROI reaches 157.75% and total cumulative return in cash sums $118,187. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,961/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
8,820 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81226, Florence, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,880 (100%) |
| Owner Occupied HU | 1,984 (68.9%) |
| Renter Occupied HU | 669 (23.2%) |
| Vacant Housing Units | 227 ( 7.9%) |
| Median Home Value | $253,135 |
| Average Home Value | $306,033 |
Housing Distribution
Address Breakdown
Residential
2,570
Single Family
2,562
Multi-Family
8
Businesses
247
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Listed by: Peggy Borchers • Homesmart Preferred Realty
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #5712405
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