308 E 4th StDove CreekCO81324
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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 Dove Creek at 308 E 4th St, Dove Creek, CO, 81324 at $125,000 posts ROI 26.63% with $232/mo cash flow from $970/mo rent. Total monthly income equals $970/mo, and annual cash flow records $2,784/yr on $41,438 to close. Return on cash invested measures 26.63% and rental yield reads 9.31% at the current $125,000. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 by year five. Five-year ROI prints 138.47% and total cumulative return in cash totals $57,377.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $970/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81324, Dove Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 456 (68.8%) |
| Renter Occupied HU | 109 (16.4%) |
| Vacant Housing Units | 98 (14.8%) |
| Median Home Value | $233,190 |
| Average Home Value | $267,889 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
68
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Nearby investment properties with comparable prices
Listed by: Lissa Pinello • United Country Blue Sky Homes and Land
Mls Name: CREN
Mls Provider:
Mls ID: #821215
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.