199 E Vine StLake CityCO81235
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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
Total monthly income runs $1,582/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 3.17% with $1,582/mo rent. Return on cash invested shows 8.44% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 40.8% and total cumulative return in cash records $80,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,582/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1986
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81235, Lake City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 259 (26.1%) |
| Renter Occupied HU | 91 ( 9.2%) |
| Vacant Housing Units | 644 (64.8%) |
| Median Home Value | $494,262 |
| Average Home Value | $627,529 |
Housing Distribution
Address Breakdown
Residential
39
Single Family
39
Multi-Family
0
Businesses
88
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Listed by: Michael Murphy • Murphy Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #820293
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.