112 Oak DrCreedeCO81130
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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
Rental property for sale in Creede at 112 Oak Dr, Creede, CO, 81130 priced at $349,900 pairs $2,491/mo rent with $451/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,491/mo, and annual cash flow comes to $5,417/yr on $115,992 invested. Return on cash invested is 24.58% in year one, and rental yield stands at 8.54% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 127.42% and total cumulative return in cash reaches $147,798. For financing, Ziffy Mortgage’s DSCR program evaluates $2,491/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
0.25 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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