763 2nd StMeekerCO81641
Nearby investment properties with comparable rents
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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 Meeker at 763 2nd St, Meeker, CO, 81641 priced at $400,000 converts $2,604/mo rent into $273/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,604/mo, and annual cash flow totals $3,272/yr on $132,600 invested. Return on cash invested prints 22.38% in year one, and rental yield reads 7.81% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 115.6% and total cumulative return in cash sums $153,280. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,604/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81641, Meeker, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,031 (54.9%) |
| Renter Occupied HU | 489 (26.1%) |
| Vacant Housing Units | 357 (19.0%) |
| Median Home Value | $337,689 |
| Average Home Value | $379,690 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
225
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Listed by: Suzan Pelloni • Streamline Realty, LLC
Mls Name: AGSMLS
Mls ID: #187945
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.