120 Whalen Ave #22Cripple CreekCO80813
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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 Cripple Creek at 120 Whalen Ave #22, Cripple Creek, CO, 80813 uses $43,095 cash to close to unlock $2,720/yr annual cash flow and $227/mo monthly cash flow. Total monthly income runs $984/mo, and a $636/mo payment keeps the spread at $227/mo. Purchase price stands at $130,000, and rental yield measures 9.08% with $984/mo rent. Return on cash invested shows 26.22% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 136.23% and total cumulative return in cash records $58,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $984/mo property income covering a $636/mo payment rather than investor’s personal income.
Condo
Built in 1996
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80813, Cripple Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 562 (46.4%) |
| Renter Occupied HU | 275 (22.7%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $410,000 |
| Average Home Value | $435,556 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
91
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Listed by: Victoria Cline • Cline Real Estate Services
Mls Name: Pikes Peak MLS
Mls ID: #6698022