709 Sherman StreetFort MorganCO80701
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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 Fort Morgan at 709 Sherman Street, Fort Morgan, CO, 80701 earns $533/mo cash flow from $2,107/mo rent with a $1,322/mo payment. Total monthly income totals $2,107/mo, and annual cash flow totals $6,396/yr on $89,505 capital. ROI tracks 27.05% on current figures, and rental yield reads 9.36% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 140.68% and total cumulative return in cash sums $125,917. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,107/mo property income instead of your personal income.
Single Family
Built in 1909
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80701, Fort Morgan, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,252 (100%) |
| Owner Occupied HU | 3,704 (59.2%) |
| Renter Occupied HU | 2,118 (33.9%) |
| Vacant Housing Units | 430 ( 6.9%) |
| Median Home Value | $342,188 |
| Average Home Value | $373,164 |
Housing Distribution
Address Breakdown
Residential
5,979
Single Family
5,824
Multi-Family
155
Businesses
789
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Listed by: Beth Cochran • Berkshire Hathaway HomeServices Colorado Real Estate, LLC - Brighton
Mls Name: REcolorado
Mls Provider:
Mls ID: #3430888
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