1944 Strauss DriveFort GarlandCO81133
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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 Fort Garland at 1944 Strauss Drive, Fort Garland, CO, 81133 generates $1,919/mo in rent and, after a $1,148/mo payment, leaves $552/mo in cash flow. Total monthly income is $1,919/mo, and annual cash flow is $6,626/yr on $77,737 invested. Return on cash invested sits at 28.43% in year one, and rental yield is 9.82% on a $234,500 entry. Equity gained on principal adds $1,513/yr, while 5% annual appreciation builds toward $64,788 over five years. Five-year ROI reaches 148.14% and total cumulative return in cash sums $115,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
1.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81133, Fort Garland, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 864 (100%) |
| Owner Occupied HU | 394 (45.6%) |
| Renter Occupied HU | 89 (10.3%) |
| Vacant Housing Units | 381 (44.1%) |
| Median Home Value | $286,190 |
| Average Home Value | $382,722 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
52
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Listed by: Hardin Royall • Grojean Realty LLC
Mls Name: REcolorado
Mls ID: #3139899