804 Phay AveCanon CityCO81212
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Nearby investment properties with comparable prices
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 Canon City at 804 Phay Ave, Canon City, CO, 81212 priced at $200,000 pairs $1,170/mo rent with $4/mo cash flow after a $979/mo payment. Total monthly income equals $1,170/mo, and annual cash flow comes to $52/yr on $66,300 invested. Return on cash invested is 19.99% in year one, and rental yield stands at 7.02% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 102.84% and total cumulative return in cash reaches $68,180. For financing, Ziffy Mortgage’s DSCR program evaluates $1,170/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
6,000 sqft lot
$N/A/sqft
No 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: Tiffany Lachnidt CDPE • Keller Williams Premier Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #9914585
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