414 W 3rd StreetLeadvilleCO80461
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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 Leadville at 414 W 3rd Street, Leadville, CO, 80461 uses $116,025 cash to close to unlock $7,132/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $2,634/mo, and a $1,713/mo payment keeps the spread at $594/mo. Purchase price stands at $350,000, and rental yield measures 9.03% with $2,634/mo rent. Return on cash invested shows 26.06% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 135.36% and total cumulative return in cash records $157,046. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1888
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80461, Leadville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,200 (100%) |
| Owner Occupied HU | 2,031 (48.4%) |
| Renter Occupied HU | 1,097 (26.1%) |
| Vacant Housing Units | 1,072 (25.5%) |
| Median Home Value | $503,140 |
| Average Home Value | $479,626 |
Housing Distribution
Address Breakdown
Residential
2,937
Single Family
2,558
Multi-Family
379
Businesses
454
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