650 Hoover CirclePoncha SpringsCO81242
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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 Poncha Springs at 650 Hoover Circle, Poncha Springs, CO, 81242 priced at $609,000 pairs $0/mo rent with after a $2,981/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.2% in year one, and rental yield stands at 0% on a $609,000 basis. Equity gained on principal adds $3,930/yr, and 5% annual appreciation accumulates to $168,255 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $2,981/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81242, Poncha Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 331 (100%) |
| Owner Occupied HU | 217 (65.6%) |
| Renter Occupied HU | 70 (21.1%) |
| Vacant Housing Units | 44 (13.3%) |
| Median Home Value | $782,197 |
| Average Home Value | $884,240 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
73
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No similar rental properties found nearby.
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Listed by: Barbara Pearson-Sawyer,GRI • Century 21 Community First
Mls Name: REcolorado
Mls ID: #4037496