212 Cherokee LnCarbondaleCO81623
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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 Carbondale at 212 Cherokee Ln, Carbondale, CO, 81623 priced at $940,000 pairs $6,511/mo rent with $733/mo cash flow after a $4,601/mo payment. Total monthly income equals $6,511/mo, and annual cash flow comes to $8,792/yr on $309,260 invested. Return on cash invested is 22.9% in year one, and rental yield stands at 8.31% on a $940,000 basis. Equity gained on principal adds $6,066/yr, and 5% annual appreciation accumulates to $259,705 by year five. Five-year ROI measures 118.81% and total cumulative return in cash reaches $367,434. For financing, Ziffy Mortgage’s DSCR program evaluates $6,511/mo property income against a $4,601/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
0.49 Acres lot
$N/A/sqft
$1,800 semi-annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81623, Carbondale, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,122 (100%) |
| Owner Occupied HU | 4,159 (58.4%) |
| Renter Occupied HU | 2,079 (29.2%) |
| Vacant Housing Units | 884 (12.4%) |
| Median Home Value | $942,676 |
| Average Home Value | $1,129,471 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,688
Multi-Family
676
Businesses
784
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Listed by: Konnie Krahn-Prosence • Coldwell Banker Mason Morse-Carbondale
Mls Name: AGSMLS
Mls ID: #186468
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.