847 Aspen DriveSouth ForkCO81154
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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
Investment property for sale in South Fork at 847 Aspen Drive, South Fork, CO, 81154 uses $149,175 cash to close to unlock $4,764/yr annual cash flow and $397/mo monthly cash flow. Total monthly income runs $3,020/mo, and a $2,203/mo payment keeps the spread at $397/mo. Purchase price stands at $450,000, and rental yield measures 8.05% with $3,020/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 119.49% and total cumulative return in cash records $178,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,020/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 1972
12.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81154, South Fork, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 508 (29.7%) |
| Renter Occupied HU | 150 ( 8.8%) |
| Vacant Housing Units | 1,050 (61.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $477,362 |
Housing Distribution
Address Breakdown
Residential
774
Single Family
726
Multi-Family
48
Businesses
114
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Listed by: Keith Bratton • Black Bear Realty LLC
Mls Name: CREN
Mls ID: #831273