741 Canon Ridge RdCanon CityCO81212
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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 Canon City at 741 Canon Ridge Rd, Canon City, CO, 81212 earns from $4,465/mo rent with a $5,966/mo payment. Total monthly income totals $4,465/mo. ROI tracks 12.32% on current figures, and rental yield reads 4.4% at a $1,219,000 purchase. Equity gained on principal adds $7,866/yr, and 5% annual appreciation supports $336,787 over five years. Five-year ROI reaches 61.57% and total cumulative return in cash sums $243,193. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,465/mo property income instead of your personal income.
Single Family
Built in 2013
35.60 Acres lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81212, Canon City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,040 (100%) |
| Owner Occupied HU | 8,508 (65.2%) |
| Renter Occupied HU | 3,412 (26.2%) |
| Vacant Housing Units | 1,120 ( 8.6%) |
| Median Home Value | $329,969 |
| Average Home Value | $370,937 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,315
Multi-Family
785
Businesses
796
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Listed by: Sylvia M. Jennings • Bhhs Rocky Mountain Florence
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #9933118
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