R002374Central CityCO80427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Central City at R002374, Central City, CO, 80427 at $175,000 posts ROI 45.24% with $1,225/mo cash flow from $2,245/mo rent. Total monthly income equals $2,245/mo, and annual cash flow records $14,696/yr on $58,013 to close. Return on cash invested measures 45.24% and rental yield reads 15.39% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 238.24% and total cumulative return in cash totals $138,211.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,245/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
3.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80427, Central City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 760 (100%) |
| Owner Occupied HU | 305 (40.1%) |
| Renter Occupied HU | 238 (31.3%) |
| Vacant Housing Units | 217 (28.6%) |
| Median Home Value | $418,952 |
| Average Home Value | $440,352 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
58
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff McGahey • Engel & Volkers Denver
Mls Name: REcolorado
Mls Provider:
Mls ID: #3046640
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)