6 Okie LnSouth ForkCO81154
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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 South Fork at 6 Okie Ln, South Fork, CO, 81154 with 5% annual appreciation on a $189,000 basis while $1,220/mo rent supports operations. Total monthly income totals $1,220/mo and a $925/mo payment preserves $119/mo for cash returns. Annual cash flow comes to $1,423/yr on $62,654 deployed, and return on cash invested reaches 22.18% in year one. Equity gained on principal adds $1,220/yr, and five-year appreciation sums $52,217 alongside rental yield of 7.75%. Five-year ROI measures 114.59% and total cumulative return in cash totals $71,794.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,220/mo property income versus a $925/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1997
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81154, South Fork, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 508 (29.7%) |
| Renter Occupied HU | 150 ( 8.8%) |
| Vacant Housing Units | 1,050 (61.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $477,362 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
726
Multi-Family
48
Businesses
114
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Listed by: Connie Goodnight • Land Properties, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #816636
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.