616-618 Main StBlancaCO81123
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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 Blanca at 616-618 Main St, Blanca, CO, 81123 listed at $375,000 pairs $2,600/mo rent with a $1,835/mo payment to leave $415/mo cash flow. Total monthly income runs $2,600/mo, and annual cash flow reaches $4,980/yr on $124,313 cash to close. Return on cash invested measures 23.92% in year one, and rental yield registers 8.32% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 123.84% and total cumulative return in cash totals $153,951. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,600/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81123, Blanca, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 401 (100%) |
| Owner Occupied HU | 239 (59.6%) |
| Renter Occupied HU | 68 (17.0%) |
| Vacant Housing Units | 94 (23.4%) |
| Median Home Value | $138,750 |
| Average Home Value | $192,113 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
25
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Listed by: Lorian Ducharme • RE/MAX Real Estate Group LLC
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #5099071
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