1010 La Garita StCreedeCO81130
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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 Creede at 1010 La Garita St, Creede, CO, 81130 earns $477/mo cash flow from $1,733/mo rent with a $1,055/mo payment. Total monthly income totals $1,733/mo, and annual cash flow totals $5,721/yr on $71,476 capital. ROI tracks 27.91% on current figures, and rental yield reads 9.64% at a $215,615 purchase. Equity gained on principal adds $1,391/yr, and 5% annual appreciation supports $59,570 over five years. Five-year ROI reaches 145.29% and total cumulative return in cash sums $103,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,733/mo property income instead of your personal income.
Single Family
Built in 1928
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81130, Creede, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,455 (100%) |
| Owner Occupied HU | 364 (25.0%) |
| Renter Occupied HU | 102 ( 7.0%) |
| Vacant Housing Units | 989 (68.0%) |
| Median Home Value | $495,062 |
| Average Home Value | $660,268 |
Housing Distribution
Address Breakdown
Residential
401
Single Family
388
Multi-Family
13
Businesses
95
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