2244 High Creek RdFairplayCO80440
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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 Fairplay at 2244 High Creek Rd, Fairplay, CO, 80440 priced at $375,000 pairs $2,764/mo rent with $431/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,764/mo, and annual cash flow comes to $5,174/yr on $124,313 invested. Return on cash invested is 24.07% in year one, and rental yield stands at 8.84% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 125.23% and total cumulative return in cash reaches $155,679. For financing, Ziffy Mortgage’s DSCR program evaluates $2,764/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
1.22 Acres lot
$N/A/sqft
$1,680 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80440, Fairplay, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,160 (100%) |
| Owner Occupied HU | 1,085 (34.3%) |
| Renter Occupied HU | 336 (10.6%) |
| Vacant Housing Units | 1,739 (55.0%) |
| Median Home Value | $478,506 |
| Average Home Value | $540,797 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
141
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Listed by: Courtney Peel • eXp Realty, LLC, Mountain House Properties
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1056157
Disclaimer: Copyright 2025 Altitude Realtors. The information displayed herein was derived from sources believed to be accurate, but has not been verified by Altitude Realtors. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.