796 Harmon DrCotopaxiCO81223
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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 Cotopaxi at 796 Harmon Dr, Cotopaxi, CO, 81223 with 5% annual appreciation on a $355,500 basis while $2,656/mo rent supports operations. Total monthly income totals $2,656/mo and a $1,740/mo payment preserves $575/mo for cash returns. Annual cash flow comes to $6,902/yr on $117,848 deployed, and return on cash invested reaches 25.77% in year one. Equity gained on principal adds $2,294/yr, and five-year appreciation sums $98,218 alongside rental yield of 8.97%. Five-year ROI measures 133.84% and total cumulative return in cash totals $157,729.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,656/mo property income versus a $1,740/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2000
5.79 Acres lot
$N/A/sqft
$9 month HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81223, Cotopaxi, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,744 (100%) |
| Owner Occupied HU | 959 (55.0%) |
| Renter Occupied HU | 100 ( 5.7%) |
| Vacant Housing Units | 685 (39.3%) |
| Median Home Value | $396,394 |
| Average Home Value | $435,326 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,405
Multi-Family
0
Businesses
31
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