194 Hill DrCraigCO81625
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
Rental property for sale in Craig at 194 Hill Dr, Craig, CO, 81625 generates $2,783/mo in rent and, after a $979/mo payment, leaves $1,617/mo in cash flow. Total monthly income is $2,783/mo, and annual cash flow is $19,408/yr on $66,300 invested. Return on cash invested sits at 49.18% in year one, and rental yield is 16.7% on a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 259.4% and total cumulative return in cash sums $171,980. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,783/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81625, Craig, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,517 (100%) |
| Owner Occupied HU | 3,284 (59.5%) |
| Renter Occupied HU | 1,718 (31.1%) |
| Vacant Housing Units | 515 ( 9.3%) |
| Median Home Value | $299,087 |
| Average Home Value | $326,651 |
Housing Distribution
Address Breakdown
Residential
5,170
Single Family
4,785
Multi-Family
385
Businesses
386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yvonne C Gustin • Country Living Realty
Mls Name: AGSMLS
Mls ID: #188170
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.