722 6th StHugoCO80821
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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 Hugo at 722 6th St, Hugo, CO, 80821 generates $1,907/mo in rent and, after a $1,038/mo payment, leaves $671/mo in cash flow. Total monthly income is $1,907/mo, and annual cash flow is $8,054/yr on $70,278 invested. Return on cash invested sits at 31.37% in year one, and rental yield is 10.79% on a $212,000 entry. Equity gained on principal adds $1,368/yr, while 5% annual appreciation builds toward $58,572 over five years. Five-year ROI reaches 163.88% and total cumulative return in cash sums $115,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,907/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80821, Hugo, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 320 (56.7%) |
| Renter Occupied HU | 148 (26.2%) |
| Vacant Housing Units | 96 (17.0%) |
| Median Home Value | $250,000 |
| Average Home Value | $289,008 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
74
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Listed by: Thomas Lazzaro • Performance Plus Realty Inc
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7530001
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