227 Diamond RoadCreedeCO81130
INVESTMENT ANALYSIS
Investment Verdict
Solid Income227 Diamond Road, Creede, CO, 81130 in Creede is a solid income-producing rental, 8.74% gross yield, $2,761/mo rent, $552/mo net cash flow on a $379,000 buy. DSCR 1.62 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $104,711 and $3,491/yr in principal reduction project a total cumulative return of $178,706.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.0% |
| Monthly Cash Flow | $552 | $300 |
City averages based on Creede market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,761 |
| Total Monthly Debt Service | $2,058 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices