734 W 8th StreetWrayCO80758
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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 Wray at 734 W 8th Street, Wray, CO, 80758 uses $119,307 cash to close to unlock $3,925/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $2,684/mo, and a $1,762/mo payment keeps the spread at $327/mo. Purchase price stands at $359,900, and rental yield measures 8.95% with $2,684/mo rent. Return on cash invested shows 23.2% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 120.99% and total cumulative return in cash records $144,350. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,684/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
$259 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80758, Wray, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,685 (100%) |
| Owner Occupied HU | 971 (57.6%) |
| Renter Occupied HU | 526 (31.2%) |
| Vacant Housing Units | 188 (11.2%) |
| Median Home Value | $295,958 |
| Average Home Value | $361,133 |
Housing Distribution
Address Breakdown
Residential
1,533
Single Family
1,532
Multi-Family
1
Businesses
244
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Listed by: Ginger Brophy • BROPHY REALTY
Mls Name: REcolorado
Mls Provider:
Mls ID: #3832402
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)