304 GCR 424Grand LakeCO80447
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 Grand Lake at 304 GCR 424, Grand Lake, CO, 80447 generates $4,673/mo in rent, after a $6,338/mo payment. Total monthly income is $4,673/mo. Return on cash invested sits at 12.08% in year one, and rental yield is 4.33% on a $1,295,000 entry. Equity gained on principal adds $8,356/yr, while 5% annual appreciation builds toward $357,785 over five years. Five-year ROI reaches 60.3% and total cumulative return in cash sums $253,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,673/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80447, Grand Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 782 (22.8%) |
| Renter Occupied HU | 263 ( 7.7%) |
| Vacant Housing Units | 2,392 (69.6%) |
| Median Home Value | $674,038 |
| Average Home Value | $959,143 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
185
Multi-Family
25
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Silvia R Snape • eXp Realty, LLC
Mls Name: GCBOR
Mls ID: #25-70
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.