98 Blue Mesa DrPowderhornCO81243
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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 Powderhorn at 98 Blue Mesa Dr, Powderhorn, CO, 81243 uses $41,106 cash to close to unlock $12,627/yr annual cash flow and $1,052/mo monthly cash flow. Total monthly income runs $1,775/mo, and a $607/mo payment keeps the spread at $1,052/mo. Purchase price stands at $124,000, and rental yield measures 17.18% with $1,775/mo rent. Return on cash invested shows 50.63% in year one, and 5% annual appreciation builds toward $34,259 over five years. Five-year ROI reaches 267.18% and total cumulative return in cash records $109,827. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,775/mo property income covering a $607/mo payment rather than investor’s personal income.
Lot
Built in N/A
12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81243, Powderhorn, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 178 (100%) |
| Owner Occupied HU | 30 (16.9%) |
| Renter Occupied HU | 8 ( 4.5%) |
| Vacant Housing Units | 140 (78.7%) |
| Median Home Value | $687,500 |
| Average Home Value | $853,333 |
Housing Distribution
Address Breakdown
Residential
156
Single Family
156
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: Meaghan Nicholl • RE/MAX Community Brokers
Mls Name: CREN
Mls Provider:
Mls ID: #812455
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.