2079 Hummingbird Lane 2079 HUMMINGBIRD LN LOT 1, BLOCK 4 VICKERS ENTERPRLake CityCO81235
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
Investment property for sale in Lake City at 2079 Hummingbird Lane 2079 HUMMINGBIRD LN LOT 1, BLOCK 4 VICKERS ENTERPR, Lake City, CO, 81235 earns from $2,885/mo rent with a $3,421/mo payment. Total monthly income totals $2,885/mo. ROI tracks 13.86% on current figures, and rental yield reads 4.95% at a $699,000 purchase. Equity gained on principal adds $4,511/yr, and 5% annual appreciation supports $193,121 over five years. Five-year ROI reaches 69.89% and total cumulative return in cash sums $160,730. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,885/mo property income instead of your personal income.
Single Family
Built in 1994
1 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices