1793 Vagabond Creek DrLake georgeCO80827
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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 Lake george at 1793 Vagabond Creek Dr, Lake george, CO, 80827 uses $107,738 cash to close to unlock $300/yr annual cash flow and $25/mo monthly cash flow. Total monthly income runs $1,921/mo, and a $1,591/mo payment keeps the spread at $25/mo. Purchase price stands at $325,000, and rental yield measures 7.09% with $1,921/mo rent. Return on cash invested shows 20.19% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 103.85% and total cumulative return in cash records $111,889. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,921/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Manufactured
Built in 1982
5 Acres lot
$N/A/sqft
$20 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80827, Lake George, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 473 (35.6%) |
| Renter Occupied HU | 62 ( 4.7%) |
| Vacant Housing Units | 794 (59.7%) |
| Median Home Value | $486,638 |
| Average Home Value | $548,044 |
Housing Distribution
Address Breakdown
Residential
366
Single Family
366
Multi-Family
0
Businesses
43
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Listed by: Chris Clark CRS GRI • Pikes Peak Homes and Land Ltd
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #1741424
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