1324 Virginia StreetIdaho SpringsCO80452
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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 Idaho Springs at 1324 Virginia Street, Idaho Springs, CO, 80452 generates $2,638/mo in rent and, after a $2,198/mo payment, leaves $21/mo in cash flow. Total monthly income is $2,638/mo, and annual cash flow is $251/yr on $148,844 invested. Return on cash invested sits at 20.08% in year one, and rental yield is 7.05% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 103.26% and total cumulative return in cash sums $153,700. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,638/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80452, Idaho Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,112 (100%) |
| Owner Occupied HU | 1,082 (51.2%) |
| Renter Occupied HU | 518 (24.5%) |
| Vacant Housing Units | 512 (24.2%) |
| Median Home Value | $518,997 |
| Average Home Value | $654,965 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
690
Multi-Family
0
Businesses
203
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Listed by: David Hanna • Coldwell Banker Realty 28
Mls Name: REcolorado
Mls Provider:
Mls ID: #5717186
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)