602 W Swink AveFowlerCO81039
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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 Fowler at 602 W Swink Ave, Fowler, CO, 81039 with 5% annual appreciation on a $138,550 basis while $1,076/mo rent supports operations. Total monthly income totals $1,076/mo and a $678/mo payment preserves $269/mo for cash returns. Annual cash flow comes to $3,224/yr on $45,929 deployed, and return on cash invested reaches 26.93% in year one. Equity gained on principal adds $894/yr, and five-year appreciation sums $38,279 alongside rental yield of 9.32%. Five-year ROI measures 140.07% and total cumulative return in cash totals $64,331.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,076/mo property income versus a $678/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81039, Fowler, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 898 (100%) |
| Owner Occupied HU | 549 (61.1%) |
| Renter Occupied HU | 264 (29.4%) |
| Vacant Housing Units | 85 ( 9.5%) |
| Median Home Value | $212,931 |
| Average Home Value | $262,181 |
Housing Distribution
Address Breakdown
Residential
835
Single Family
814
Multi-Family
21
Businesses
84
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Listed by: Carolyn J. Reeves • Reeves Real Estate Llc
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #6569402
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