703 Spruce AveRocky FordCO81067
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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 Rocky Ford at 703 Spruce Ave, Rocky Ford, CO, 81067 offers a 0% rental yield on a $228,900 purchase with $0/mo rent. 18% in year one. Equity gained on principal adds $1,477/yr while 5% annual appreciation supports $63,241 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,120/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,572 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81067, Rocky Ford, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,610 (100%) |
| Owner Occupied HU | 1,434 (54.9%) |
| Renter Occupied HU | 802 (30.7%) |
| Vacant Housing Units | 374 (14.3%) |
| Median Home Value | $151,415 |
| Average Home Value | $182,301 |
Housing Distribution
Address Breakdown
Residential
2,279
Single Family
2,113
Multi-Family
166
Businesses
228
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Listed by: Leslie Williams • There's No Place Like Home
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #8257439
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