2474 Wendt LaneFort GarlandCO81133
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
Investment Highlights
Rental property for sale in Fort Garland at 2474 Wendt Lane, Fort Garland, CO, 81133 generates $2,592/mo in rent and, after a $2,007/mo payment, leaves $176/mo in cash flow. Total monthly income is $2,592/mo, and annual cash flow is $2,109/yr on $135,915 invested. Return on cash invested sits at 21.46% in year one, and rental yield is 7.59% on a $410,000 entry. Equity gained on principal adds $2,646/yr, while 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 110.78% and total cumulative return in cash sums $150,563. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,592/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
1.83 Acres lot
$N/A/sqft
$319 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81133, Fort Garland, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 864 (100%) |
| Owner Occupied HU | 394 (45.6%) |
| Renter Occupied HU | 89 (10.3%) |
| Vacant Housing Units | 381 (44.1%) |
| Median Home Value | $286,190 |
| Average Home Value | $382,722 |
Housing Distribution
Address Breakdown
Residential
282
Single Family
282
Multi-Family
0
Businesses
52
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alison Baity • Werner Realty, Inc.
Mls Name: REcolorado
Mls Provider:
Mls ID: #3746024
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)