988 P St, Penrose, CO, 81240 | 6.59% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Penrose at 988 P St, Penrose, CO, 81240 with 5% annual appreciation on a $770,000 basis while $4,228/mo rent supports operations. 83% in year one. Equity gained on principal adds $4,969/yr, and five-year appreciation sums $212,737 alongside rental yield of 6.59%. Five-year ROI measures 96.56% and total cumulative return in cash totals $244,605. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,228/mo property income versus a $3,769/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 2003

10 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 81240, Penrose, CO area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,030 (100%)
Owner Occupied HU	1,570 (77.3%)
Renter Occupied HU	301 (14.8%)
Vacant Housing Units	159 ( 7.8%)
Median Home Value	$387,263
Average Home Value	$437,113