331 E Golden AveCripple CreekCO80813
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 Cripple Creek at 331 E Golden Ave, Cripple Creek, CO, 80813 priced at $229,000 converts $1,595/mo rent into $260/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,595/mo, and annual cash flow totals $3,123/yr on $75,914 invested. Return on cash invested prints 24.02% in year one, and rental yield reads 8.36% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 124.47% and total cumulative return in cash sums $94,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,595/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 1895
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80813, Cripple Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 562 (46.4%) |
| Renter Occupied HU | 275 (22.7%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $410,000 |
| Average Home Value | $435,556 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
91
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael Slaback • Your Neighborhood Realty, Inc.
Mls Name: Pikes Peak MLS
Mls ID: #3902393