5991 Waco Mish RdColorado 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
Rental property for sale in Colorado City at 5991 Waco Mish Rd, Colorado City, CO, 81019 generates $2,049/mo in rent, after a $2,229/mo payment. Total monthly income is $2,049/mo. Return on cash invested sits at 15.1% in year one, and rental yield is 5.4% on a $455,500 entry. Equity gained on principal adds $2,939/yr, while 5% annual appreciation builds toward $125,846 over five years. Five-year ROI reaches 76.57% and total cumulative return in cash sums $115,625. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,049/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.42 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: Joshua Olson • Majestic Mountain Realty
Mls Name: PAR
Mls ID: #234922