970 Wall StMeekerCO81641
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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 Meeker at 970 Wall St, Meeker, CO, 81641 uses $116,025 cash to close to unlock $9,076/yr annual cash flow and $756/mo monthly cash flow. Total monthly income runs $2,796/mo, and a $1,713/mo payment keeps the spread at $756/mo. Purchase price stands at $350,000, and rental yield measures 9.59% with $2,796/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 144.33% and total cumulative return in cash records $167,462. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,796/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81641, Meeker, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,031 (54.9%) |
| Renter Occupied HU | 489 (26.1%) |
| Vacant Housing Units | 357 (19.0%) |
| Median Home Value | $337,689 |
| Average Home Value | $379,690 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
225
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Listed by: Bailey Waldref • Real Estate West
Mls Name: AGSMLS
Mls ID: #185876
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.