230 W 1st StTrinidadCO81082
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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 Trinidad at 230 W 1st St, Trinidad, CO, 81082 listed at $499,000 pairs $1,980/mo rent with a $2,442/mo payment. Total monthly income runs $1,980/mo. Return on cash invested measures 13.18% in year one, and rental yield registers 4.76% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 66.29% and total cumulative return in cash totals $109,650. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,980/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81082, Trinidad, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,281 (100%) |
| Owner Occupied HU | 3,491 (55.6%) |
| Renter Occupied HU | 1,773 (28.2%) |
| Vacant Housing Units | 1,017 (16.2%) |
| Median Home Value | $291,605 |
| Average Home Value | $329,313 |
Housing Distribution
Address Breakdown
Residential
5,033
Single Family
4,886
Multi-Family
147
Businesses
562
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