1108 Ove PlaceFort GarlandCO81133
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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
Rental property for sale in Fort Garland at 1108 Ove Place, Fort Garland, CO, 81133 priced at $829,000 pairs $0/mo rent with after a $4,058/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.55% in year one, and rental yield stands at 0% on a $829,000 basis. Equity gained on principal adds $5,349/yr, and 5% annual appreciation accumulates to $229,037 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $4,058/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2013
3.70 Acres lot
$N/A/sqft
$957 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81133, Fort Garland, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 864 (100%) |
| Owner Occupied HU | 394 (45.6%) |
| Renter Occupied HU | 89 (10.3%) |
| Vacant Housing Units | 381 (44.1%) |
| Median Home Value | $286,190 |
| Average Home Value | $382,722 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Ken Connor • Mtn. Meadows Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #5895001
Disclaimer: 2025 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](/mls-disclaimers/#17059)