2204 East DriveMonte VistaCO81144
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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
Investment property for sale in Monte Vista at 2204 East Drive, Monte Vista, CO, 81144 earns $544/mo cash flow from $2,118/mo rent with a $1,322/mo payment. Total monthly income totals $2,118/mo, and annual cash flow totals $6,528/yr on $89,505 capital. ROI tracks 27.2% on current figures, and rental yield reads 9.41% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 141.46% and total cumulative return in cash sums $126,613. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,118/mo property income instead of your personal income.
Single Family
Built in 1979
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81144, Monte Vista, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 1,905 (59.2%) |
| Renter Occupied HU | 1,019 (31.6%) |
| Vacant Housing Units | 296 ( 9.2%) |
| Median Home Value | $248,318 |
| Average Home Value | $311,286 |
Housing Distribution
Address Breakdown
Residential
2,954
Single Family
2,875
Multi-Family
79
Businesses
381
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Listed by: Linette Nye Schmidt • eXp Realty, LLC
Mls Name: CREN
Mls ID: #828766