1850 Hazel Lake DrCimarronCO81220
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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 Cimarron at 1850 Hazel Lake Dr, Cimarron, CO, 81220 priced at $795,000 pairs $2,802/mo rent with after a $3,891/mo payment. Total monthly income equals $2,802/mo. Return on cash invested is 11.66% in year one, and rental yield stands at 4.23% on a $795,000 basis. Equity gained on principal adds $5,130/yr, and 5% annual appreciation accumulates to $219,644 by year five. Five-year ROI measures 58.09% and total cumulative return in cash reaches $151,930. For financing, Ziffy Mortgage’s DSCR program evaluates $2,802/mo property income against a $3,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
1 Acres lot
$N/A/sqft
No 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
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Listed by: Jeri Simms • Tamarack at Arrowhead, Inc
Mls Name: CREN
Mls Provider:
Mls ID: #818869
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.