662 Ohio PlCanon CityCO81212
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 Canon City at 662 Ohio Pl, Canon City, CO, 81212 uses $96,102 cash to close to unlock $461/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $1,728/mo, and a $1,419/mo payment keeps the spread at $38/mo. Purchase price stands at $289,900, and rental yield measures 7.15% with $1,728/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 104.96% and total cumulative return in cash records $100,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,728/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1977
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81212, Canon City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 8,508 (65.2%) |
| Renter Occupied HU | 3,412 (26.2%) |
| Vacant Housing Units | 1,120 ( 8.6%) |
| Median Home Value | $329,969 |
| Average Home Value | $370,937 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,315
Multi-Family
785
Businesses
796
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kurt L. Zerby • Kurt Zerby Real Estate Group
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #7927414
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.