108 E 5th StDove CreekCO81324
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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 Dove Creek at 108 E 5th St, Dove Creek, CO, 81324 earns $221/mo cash flow from $862/mo rent with a $538/mo payment. Total monthly income totals $862/mo, and annual cash flow totals $2,656/yr on $36,465 capital. ROI tracks 27.19% on current figures, and rental yield reads 9.4% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 141.5% and total cumulative return in cash sums $51,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $862/mo property income instead of your personal income.
Manufactured
Built in 1964
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81324, Dove Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 456 (68.8%) |
| Renter Occupied HU | 109 (16.4%) |
| Vacant Housing Units | 98 (14.8%) |
| Median Home Value | $233,190 |
| Average Home Value | $267,889 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
68
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Listed by: Bonnie Leighton • United Country Blue Sky Homes and Land
Mls Name: CREN
Mls Provider:
Mls ID: #821148
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.