720 Martin DriveCentral CityCO80427
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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 Central City at 720 Martin Drive, Central City, CO, 80427 priced at $485,000 converts $3,407/mo rent into $580/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,407/mo, and annual cash flow totals $6,964/yr on $160,778 invested. Return on cash invested prints 24.24% in year one, and rental yield reads 8.43% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 125.61% and total cumulative return in cash sums $201,950. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,407/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Townhouse
Built in 2006
1,089 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80427, Central City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 305 (40.1%) |
| Renter Occupied HU | 238 (31.3%) |
| Vacant Housing Units | 217 (28.6%) |
| Median Home Value | $418,952 |
| Average Home Value | $440,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
58
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Listed by: Tony Thorpe • Crocker Realty, LLC
Mls Name: REcolorado
Mls ID: #4812069