803 Blake StWrayCO80758
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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 Wray at 803 Blake St, Wray, CO, 80758 priced at $230,000 converts $1,590/mo rent into $249/mo cash flow after a $1,126/mo obligation. Total monthly income equals $1,590/mo, and annual cash flow totals $2,992/yr on $76,245 invested. Return on cash invested prints 23.83% in year one, and rental yield reads 8.3% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 123.46% and total cumulative return in cash sums $94,135. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,590/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1897
7,000 sqft lot
$N/A/sqft
No 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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