1306 Reed Ln, Canon City, CO 81212

Canon City, CO 81212 · 4 bd · 2 ba · 1,924 sqft · Single Family · 64 days on market

The math, in full

Asking price: $184,000
Down payment (15%): $27,600
Loan amount: $156,400
Est. monthly rent: $1,250/mo; Range $1,063–$1,438/mo
Monthly payment, all-in: $1,236/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.01; $1,250 rent ÷ $1,236 payment
Monthly cashflow: +$14/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 4-bedroom homes in zip 81212, from current market comps — not a per-property guess. Medium confidence — a moderate number of comparable rentals in this zip.

Cash to start

$27,600

15% down on $184,000

Your local lender

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Screened against real lending criteria — this one fits 3 programs.
Qualifies on the property's rent — no W-2 or tax returns.
Listing data verified as of June 8, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.