585 N Avalon DrNorwoodCO81423
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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 Norwood at 585 N Avalon Dr, Norwood, CO, 81423 listed at $499,000 pairs $3,860/mo rent with a $2,442/mo payment to leave $952/mo cash flow. Total monthly income runs $3,860/mo, and annual cash flow reaches $11,427/yr on $165,419 cash to close. Return on cash invested measures 26.82% in year one, and rental yield registers 9.28% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 139.42% and total cumulative return in cash totals $230,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,860/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81423, Norwood, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 448 (55.7%) |
| Renter Occupied HU | 189 (23.5%) |
| Vacant Housing Units | 168 (20.9%) |
| Median Home Value | $567,308 |
| Average Home Value | $893,761 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
66
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Listed by: Craig Greager • Norwood Real Estate Company
Mls Name: CREN
Mls Provider:
Mls ID: #822439
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.