315 S Oak StTrinidadCO81082
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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
Rental property for sale in Trinidad at 315 S Oak St, Trinidad, CO, 81082 priced at $341,000 converts $2,054/mo rent into $67/mo cash flow after a $1,669/mo obligation. Total monthly income equals $2,054/mo, and annual cash flow totals $801/yr on $113,042 invested. Return on cash invested prints 20.62% in year one, and rental yield reads 7.23% against a $341,000 entry. Equity gained on principal adds $2,200/yr, while 5% annual appreciation compiles into $94,212 by year five. Five-year ROI reaches 106.16% and total cumulative return in cash sums $120,008. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,054/mo property income covering a $1,669/mo payment, not borrower’s personal income.
Single Family
Built in 1910
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81082, Trinidad, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,281 (100%) |
| Owner Occupied HU | 3,491 (55.6%) |
| Renter Occupied HU | 1,773 (28.2%) |
| Vacant Housing Units | 1,017 (16.2%) |
| Median Home Value | $291,605 |
| Average Home Value | $329,313 |
Housing Distribution
Address Breakdown
Residential
5,033
Single Family
4,886
Multi-Family
147
Businesses
562
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Listed by: Bill Louthan • Code of the West Real Estate LLC
Mls Name: PAR
Mls Provider:
Mls ID: #232141
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.