708 W 1st AvenueKit CarsonCO80825
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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 Kit Carson at 708 W 1st Avenue, Kit Carson, CO, 80825 offers a 7.32% rental yield on a $250,000 purchase with $1,525/mo rent. Total monthly income registers $1,525/mo, and a $1,224/mo payment leaves $68/mo available for distribution. Annual cash flow reaches $812/yr on $82,875 to close, and return on cash invested stands at 20.89% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 107.64% and total cumulative return in cash at $89,206. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,525/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80825, Kit Carson, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 273 (100%) |
| Owner Occupied HU | 130 (47.6%) |
| Renter Occupied HU | 84 (30.8%) |
| Vacant Housing Units | 59 (21.6%) |
| Median Home Value | $270,000 |
| Average Home Value | $329,365 |
Housing Distribution
Address Breakdown
Residential
47
Single Family
47
Multi-Family
0
Businesses
26
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Listed by: Krista Hatfield • Hatfield Realty and Auction
Mls Name: REcolorado
Mls ID: #9638692