447 W 5th 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 447 W 5th St, Dove Creek, CO, 81324 offers a 11.42% rental yield on a $159,000 purchase with $1,513/mo rent. Total monthly income registers $1,513/mo, and a $778/mo payment leaves $587/mo available for distribution. Annual cash flow reaches $7,039/yr on $52,709 to close, and return on cash invested stands at 33.26% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 174.01% and total cumulative return in cash at $91,716. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,513/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.33 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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Listed by: Stacy Boesch • eXp Realty, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #822687
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.