12500 Road 12Dove CreekCO81320
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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 Dove Creek at 12500 Road 12, Dove Creek, CO, 81320 generates $1,703/mo in rent, after a $2,276/mo payment. Total monthly income is $1,703/mo. Return on cash invested sits at 12.07% in year one, and rental yield is 4.39% on a $465,000 entry. Equity gained on principal adds $3,001/yr, while 5% annual appreciation builds toward $128,471 over five years. Five-year ROI reaches 60.32% and total cumulative return in cash sums $92,975. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,703/mo property income rather than buyer’s personal income.
Manufactured
Built in 1999
89.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81320, Cahone, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 450 (100%) |
| Owner Occupied HU | 203 (45.1%) |
| Renter Occupied HU | 49 (10.9%) |
| Vacant Housing Units | 198 (44.0%) |
| Median Home Value | $534,524 |
| Average Home Value | $483,461 |
Housing Distribution
Address Breakdown
Residential
42
Single Family
42
Multi-Family
0
Businesses
10
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Listed by: Derek Beckman • United Country Blue Sky Homes and Land
Mls Name: CREN
Mls ID: #829900