218 W Thurlow AveCripple CreekCO80813
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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 Cripple Creek at 218 W Thurlow Ave, Cripple Creek, CO, 80813 priced at $288,000 converts $2,153/mo rent into $474/mo cash flow after a $1,410/mo obligation. Total monthly income equals $2,153/mo, and annual cash flow totals $5,690/yr on $95,472 invested. Return on cash invested prints 25.87% in year one, and rental yield reads 8.97% against a $288,000 entry. Equity gained on principal adds $1,858/yr, while 5% annual appreciation compiles into $79,569 by year five. Five-year ROI reaches 134.36% and total cumulative return in cash sums $128,280. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,153/mo property income covering a $1,410/mo payment, not borrower’s personal income.
Single Family
Built in 2022
3,136 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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Listed by: Nicholas J. Goodall • All Seasons Llc
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #3524285
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