1116 Cove RdGunnisonCO81230
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 Gunnison at 1116 Cove Rd, Gunnison, CO, 81230 at $399,500 posts ROI 24.69% with $528/mo cash flow from $2,856/mo rent. Total monthly income equals $2,856/mo, and annual cash flow records $6,338/yr on $132,434 to close. Return on cash invested measures 24.69% and rental yield reads 8.58% at the current $399,500. Equity gained on principal adds $2,578/yr, and 5% annual appreciation supports $110,374 by year five. Five-year ROI prints 128.04% and total cumulative return in cash totals $169,575.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,856/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81230, Gunnison, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,081 (100%) |
| Owner Occupied HU | 2,748 (45.2%) |
| Renter Occupied HU | 1,962 (32.3%) |
| Vacant Housing Units | 1,371 (22.5%) |
| Median Home Value | $568,381 |
| Average Home Value | $626,074 |
Housing Distribution
Address Breakdown
Residential
4,932
Single Family
4,726
Multi-Family
206
Businesses
746
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Listed by: N/A • DKT REALTY,INC/MB
Mls Name: GJARA
Mls ID: #20251346
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.