873 Vernon DriveCentral CityCO80427
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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
Investment property for sale in Central City at 873 Vernon Drive, Central City, CO, 80427 offers a 7.53% rental yield on a $475,000 purchase with $2,982/mo rent. 63% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 101.57% and total cumulative return in cash at $159,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,982/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2011
1,350 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80427, Central City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 305 (40.1%) |
| Renter Occupied HU | 238 (31.3%) |
| Vacant Housing Units | 217 (28.6%) |
| Median Home Value | $418,952 |
| Average Home Value | $440,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
58
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Listed by: Tony Thorpe • Crocker Realty, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #3102691
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)