2206 Spanish Creek RoadCrestoneCO81131
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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 Crestone at 2206 Spanish Creek Road, Crestone, CO, 81131 uses $47,073 cash to close to unlock $3,390/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $1,110/mo, and a $695/mo payment keeps the spread at $282/mo. Purchase price stands at $142,000, and rental yield measures 9.38% with $1,110/mo rent. Return on cash invested shows 27.11% in year one, and 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 141.05% and total cumulative return in cash records $66,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,110/mo property income covering a $695/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81131, Crestone, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 981 (100%) |
| Owner Occupied HU | 553 (56.4%) |
| Renter Occupied HU | 181 (18.5%) |
| Vacant Housing Units | 247 (25.2%) |
| Median Home Value | $318,145 |
| Average Home Value | $371,022 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
100
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