19724 Camino Tio ErvingFort 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
Investment property for sale in Fort Garland at 19724 Camino Tio Erving, Fort Garland, CO, 81133 offers a 8.45% rental yield on a $210,000 purchase with $1,479/mo rent. Total monthly income registers $1,479/mo, and a $1,028/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,060/yr on $69,615 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 125.93% and total cumulative return in cash at $87,664. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,479/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2008
10 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: Kristy Miller • Millerstone Real Estate Group, LLC
Mls Name: CREN
Mls ID: #829275