188 GCR 649Grand LakeCO80447
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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 Grand Lake at 188 GCR 649, Grand Lake, CO, 80447 uses $279,321 cash to close to unlock $103/yr annual cash flow and $9/mo monthly cash flow. Total monthly income runs $4,956/mo, and a $4,155/mo payment keeps the spread at $9/mo. Purchase price stands at $849,000, and rental yield measures 7% with $4,956/mo rent. Return on cash invested shows 20.1% in year one, and 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 103.34% and total cumulative return in cash records $288,644. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,956/mo property income covering a $4,155/mo payment rather than investor’s personal income.
Single Family
Built in 1943
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80447, Grand Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 782 (22.8%) |
| Renter Occupied HU | 263 ( 7.7%) |
| Vacant Housing Units | 2,392 (69.6%) |
| Median Home Value | $674,038 |
| Average Home Value | $959,143 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
185
Multi-Family
25
Businesses
113
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Listed by: Andrea L Cox • Re/Max Resorts Of Grand County
Mls Name: GCBOR
Mls ID: #25-615
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.