304 4Th AvenueFort GarlandCO81133
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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 Fort Garland at 304 4Th Avenue, Fort Garland, CO, 81133 earns $776/mo cash flow from $1,912/mo rent with a $954/mo payment. Total monthly income totals $1,912/mo, and annual cash flow totals $9,312/yr on $64,641 capital. ROI tracks 34.31% on current figures, and rental yield reads 11.77% at a $194,995 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,874 over five years. Five-year ROI reaches 179.6% and total cumulative return in cash sums $116,097. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,912/mo property income instead of your personal income.
Single Family
Built in 1932
6,969 sqft 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
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Listed by: Tammi Plane • Keller Williams Partners
Mls Name: CREN
Mls ID: #830203