833 Santa Fe StSpringfieldCO81073
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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 Springfield at 833 Santa Fe St, Springfield, CO, 81073 offers $805/mo rent that, after a $514/mo payment, leaves $193/mo cash flow. Total monthly income is $805/mo, and annual cash flow is $2,316/yr on $34,808 cash. Return on cash invested measures 26.56% in year one, and rental yield stands at 9.2% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 138.04% and total cumulative return in cash reaches $48,050. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $805/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
10,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81073, Springfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 961 (100%) |
| Owner Occupied HU | 550 (57.2%) |
| Renter Occupied HU | 244 (25.4%) |
| Vacant Housing Units | 167 (17.4%) |
| Median Home Value | $202,083 |
| Average Home Value | $276,959 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
818
Multi-Family
32
Businesses
136
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Listed by: Paula Wright • eXp Realty, LLC
Mls Name: PAR
Mls ID: #235484