212 W 8th StreetDove CreekCO81324
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Dove Creek rentals match the income profile of 212 W 8th Street, Dove Creek, CO, 81324. Listed at $195,000, gross rent is $1,722/mo and net cash flow is $586/mo, a 10.6% yield well above national averages. DSCR 1.96 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $53,875 by year five with $1,796/yr in annual principal reduction, projecting $111,301 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $586 | $250 |
City averages based on Dove Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,722 |
| Total Monthly Debt Service | $1,059 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81324, Dove Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 456 (68.8%) |
| Renter Occupied HU | 109 (16.4%) |
| Vacant Housing Units | 98 (14.8%) |
| Median Home Value | $233,190 |
| Average Home Value | $267,889 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
68
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
Single Family
Built in 1950
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81324, Dove Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 456 (68.8%) |
| Renter Occupied HU | 109 (16.4%) |
| Vacant Housing Units | 98 (14.8%) |
| Median Home Value | $233,190 |
| Average Home Value | $267,889 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
68
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bonnie Leighton • United Country Blue Sky Homes and Land
Mls Name: CREN
Mls ID: #829837