1298 Copper Mountain DrCripple 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 1298 Copper Mountain Dr, Cripple Creek, CO, 80813 offers a 7.43% rental yield on a $479,500 purchase with $2,969/mo rent. Total monthly income registers $2,969/mo, and a $2,347/mo payment leaves $149/mo available for distribution. Annual cash flow reaches $1,794/yr on $158,954 to close, and return on cash invested stands at 21.04% in year one. Equity gained on principal adds $3,094/yr while 5% annual appreciation supports $132,477 over five years. Portfolio math shows five-year ROI at 108.49% and total cumulative return in cash at $172,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,969/mo property income against a $2,347/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.89 Acres lot
$N/A/sqft
$300 annually 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: Drake Guidry • Keller Williams Clients Choice Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #6707923
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