846 Lincoln StWrayCO80758
Nearby investment properties with comparable rents
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 Wray at 846 Lincoln St, Wray, CO, 80758 offers $1,559/mo rent that, after a $1,101/mo payment, leaves $248/mo cash flow. Total monthly income is $1,559/mo, and annual cash flow is $2,976/yr on $74,588 cash. Return on cash invested measures 23.9% in year one, and rental yield stands at 8.31% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 123.75% and total cumulative return in cash reaches $92,301. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,559/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
N/A 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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