228 GCR 4421 #1DGrand LakeCO80447
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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 Grand Lake at 228 GCR 4421 #1D, Grand Lake, CO, 80447 offers a 8.54% rental yield on a $433,250 purchase with $3,083/mo rent. Total monthly income registers $3,083/mo, and a $2,121/mo payment leaves $558/mo available for distribution. Annual cash flow reaches $6,692/yr on $143,622 to close, and return on cash invested stands at 24.57% in year one. Equity gained on principal adds $2,796/yr while 5% annual appreciation supports $119,699 over five years. Portfolio math shows five-year ROI at 127.36% and total cumulative return in cash at $182,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,083/mo property income against a $2,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80447, Grand Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 782 (22.8%) |
| Renter Occupied HU | 263 ( 7.7%) |
| Vacant Housing Units | 2,392 (69.6%) |
| Median Home Value | $674,038 |
| Average Home Value | $959,143 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
185
Multi-Family
25
Businesses
113
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Listed by: Nicola J.C. Dixon • Keller Williams Advantage Realty, LLC
Mls Name: GCBOR
Mls ID: #25-1409