770 S Avalon DrNorwoodCO81423
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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 Norwood at 770 S Avalon Dr, Norwood, CO, 81423 offers $5,917/mo rent that, after a $8,810/mo payment. Total monthly income is $5,917/mo. Return on cash invested measures 10.96% in year one, and rental yield stands at 3.94% at a $1,800,000 entry. Equity gained on principal adds $11,615/yr while 5% annual appreciation compounds into $497,307 by year five. Five-year ROI records 54.27% and total cumulative return in cash reaches $316,475. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,917/mo property income versus a $8,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
34.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81423, Norwood, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 805 (100%) |
| Owner Occupied HU | 448 (55.7%) |
| Renter Occupied HU | 189 (23.5%) |
| Vacant Housing Units | 168 (20.9%) |
| Median Home Value | $567,308 |
| Average Home Value | $893,761 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
66
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Listed by: Tanya Morlang • LIV Sotheby's International Realty - Telluride
Mls Name: CREN
Mls Provider:
Mls ID: #816144
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.