8988 Grand AveBeulahCO81023
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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 Beulah at 8988 Grand Ave, Beulah, CO, 81023 uses $55,858 cash to close to unlock $5,841/yr annual cash flow and $487/mo monthly cash flow. Total monthly income runs $1,469/mo, and a $825/mo payment keeps the spread at $487/mo. Purchase price stands at $168,500, and rental yield measures 10.46% with $1,469/mo rent. Return on cash invested shows 30.37% in year one, and 5% annual appreciation builds toward $46,553 over five years. Five-year ROI reaches 158.47% and total cumulative return in cash records $88,518. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,469/mo property income covering a $825/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81023, Beulah, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 522 (62.7%) |
| Renter Occupied HU | 91 (10.9%) |
| Vacant Housing Units | 219 (26.3%) |
| Median Home Value | $457,500 |
| Average Home Value | $573,946 |
Housing Distribution
Address Breakdown
Residential
555
Single Family
555
Multi-Family
0
Businesses
31
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Listed by: Donna Phillips • RE/MAX Of Pueblo Inc
Mls Name: PAR
Mls Provider:
Mls ID: #225769
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.