216 E 8th StreetLeadvilleCO80461
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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 Leadville at 216 E 8th Street, Leadville, CO, 80461 offers $2,634/mo rent that, after a $1,953/mo payment, leaves $309/mo cash flow. Total monthly income is $2,634/mo, and annual cash flow is $3,703/yr on $132,269 cash. Return on cash invested measures 22.71% in year one, and rental yield stands at 7.92% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 117.39% and total cumulative return in cash reaches $155,270. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,634/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1888
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80461, Leadville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,200 (100%) |
| Owner Occupied HU | 2,031 (48.4%) |
| Renter Occupied HU | 1,097 (26.1%) |
| Vacant Housing Units | 1,072 (25.5%) |
| Median Home Value | $503,140 |
| Average Home Value | $479,626 |
Housing Distribution
Address Breakdown
Residential
2,937
Single Family
2,558
Multi-Family
379
Businesses
454
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Listed by: Carol Glenn • Centennial Ent & Real Estate, Inc
Mls Name: REcolorado
Mls Provider:
Mls ID: #4185165
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)