29469 County Road V V.8Fort GarlandCO81133
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 29469 County Road V V.8, Fort Garland, CO, 81133 in Fort Garland at $1,300,000, 4.81% gross yield, is a market-growth asset. Rental yield 4.81%. The $5,207/mo rent partially funds the $5,846/mo debt service; the core return is the 5%/yr price growth projected to add $359,166 over five years. Ziffy Mortgage's DSCR mortgage (0.89) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $338,410.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.0% |
| Monthly Cash Flow | $(2,369) | $500 |
City averages based on Fort Garland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,207 |
| Total Monthly Debt Service | $7,059 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2005
42.50 Acres lot
$N/A/sqft
No 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
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
Single Family
Built in 2005
42.50 Acres lot
$N/A/sqft
No 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: Patricia Kelly • RE/MAX Advantage Realty Inc.
Mls Name: REcolorado
Mls Provider:
Mls ID: #9971687
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](/info/mls-disclaimers/#17059)