89 Mine RdAlmaCO80420
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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 Alma at 89 Mine Rd, Alma, CO, 80420 generates $2,162/mo in rent, after a $2,570/mo payment. Total monthly income is $2,162/mo. Return on cash invested sits at 13.8% in year one, and rental yield is 4.94% on a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 69.58% and total cumulative return in cash sums $120,177. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,162/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
1.01 Acres lot
$N/A/sqft
$40 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80420, Alma, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 681 (100%) |
| Owner Occupied HU | 261 (38.3%) |
| Renter Occupied HU | 101 (14.8%) |
| Vacant Housing Units | 319 (46.8%) |
| Median Home Value | $485,938 |
| Average Home Value | $538,774 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
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Listed by: Joan Moats • Slifer Smith & Frampton R.E.
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1053505
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