140 Lake RdCimarronCO81220
Nearby investment properties with comparable rents
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
Investment property for sale in Cimarron at 140 Lake Rd, Cimarron, CO, 81220 with 5% annual appreciation on a $395,000 basis while $3,073/mo rent supports operations. Total monthly income totals $3,073/mo and a $1,933/mo payment preserves $715/mo for cash returns. Annual cash flow comes to $8,576/yr on $130,943 deployed, and return on cash invested reaches 26.46% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 9.34%. Five-year ROI measures 137.68% and total cumulative return in cash totals $180,282.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,073/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
1 Acres lot
$N/A/sqft
$680 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81220, Cimarron, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 437 (100%) |
| Owner Occupied HU | 68 (15.6%) |
| Renter Occupied HU | 17 ( 3.9%) |
| Vacant Housing Units | 352 (80.5%) |
| Median Home Value | $650,000 |
| Average Home Value | $814,154 |
Housing Distribution
Address Breakdown
Residential
114
Single Family
114
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • UNITED COUNTRY REAL COLORADO PROPERTIES
Mls Name: GJARA
Mls ID: #20252639
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.