227 Diamond RoadCreedeCO81130
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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 Creede at 227 Diamond Road, Creede, CO, 81130 uses $125,639 cash to close to unlock $6,627/yr annual cash flow and $552/mo monthly cash flow. Total monthly income runs $2,761/mo, and a $1,855/mo payment keeps the spread at $552/mo. Purchase price stands at $379,000, and rental yield measures 8.74% with $2,761/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 130.68% and total cumulative return in cash records $164,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,761/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
3.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81130, Creede, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,455 (100%) |
| Owner Occupied HU | 364 (25.0%) |
| Renter Occupied HU | 102 ( 7.0%) |
| Vacant Housing Units | 989 (68.0%) |
| Median Home Value | $495,062 |
| Average Home Value | $660,268 |
Housing Distribution
Address Breakdown
Residential
401
Single Family
388
Multi-Family
13
Businesses
95
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