606 Byers AvenueHot Sulphur SpringsCO80451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hot Sulphur Springs at 606 Byers Avenue, Hot Sulphur Springs, CO, 80451 at $513,000 posts ROI 22.81% with $386/mo cash flow from $3,376/mo rent. Total monthly income equals $3,376/mo, and annual cash flow records $4,634/yr on $168,777 to close. Return on cash invested measures 22.81% and rental yield reads 7.9% at the current $513,000. Equity gained on principal adds $3,310/yr, and 5% annual appreciation supports $141,732 by year five. Five-year ROI prints 117.88% and total cumulative return in cash totals $198,957.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,376/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80451, Hot Sulphur Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 398 (100%) |
| Owner Occupied HU | 271 (68.1%) |
| Renter Occupied HU | 79 (19.8%) |
| Vacant Housing Units | 48 (12.1%) |
| Median Home Value | $783,482 |
| Average Home Value | $984,723 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nancy DuLac • Re/Max Peak to Peak
Mls Name: GCBOR
Mls ID: #25-237
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.