228 W Thurlow AveCripple CreekCO80813
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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 Cripple Creek at 228 W Thurlow Ave, Cripple Creek, CO, 80813 offers $2,155/mo rent that, after a $1,468/mo payment, leaves $407/mo cash flow. Total monthly income is $2,155/mo, and annual cash flow is $4,884/yr on $99,450 cash. Return on cash invested measures 24.82% in year one, and rental yield stands at 8.62% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 128.68% and total cumulative return in cash reaches $127,968. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,155/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80813, Cripple Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 562 (46.4%) |
| Renter Occupied HU | 275 (22.7%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $410,000 |
| Average Home Value | $435,556 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
91
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Listed by: Megan Talor Walz • Keller Williams Premier Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #7134591
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