217 E Main StreetCripple CreekCO80813
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 Cripple Creek at 217 E Main Street, Cripple Creek, CO, 80813 at $550,000 posts ROI 34.61% with $2,195/mo cash flow from $5,400/mo rent. Total monthly income equals $5,400/mo, and annual cash flow records $26,336/yr on $180,950 to close. Return on cash invested measures 34.61% and rental yield reads 11.78% at the current $550,000. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 by year five. Five-year ROI prints 181.2% and total cumulative return in cash totals $327,874.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1895
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80813, Cripple Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 562 (46.4%) |
| Renter Occupied HU | 275 (22.7%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $410,000 |
| Average Home Value | $435,556 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
91
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Nearby investment properties with comparable prices
Listed by: Annie Josephson • Keller Williams Foothills Realty
Mls Name: REcolorado
Mls ID: #7154052