450 Highway 491Dove CreekCO81324
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 450 Highway 491, Dove Creek, CO, 81324 in Dove Creek. Priced at $140,000, it generates $1,930/mo in gross rent and $1,114/mo in net monthly cash flow, a 16.54% yield that comfortably supports the 3.06 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $13,364. Five-year appreciation: $38,679. Equity from principal paydown: $1,289/yr. Total projected cumulative return: $124,572.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.5% | 6.0% |
| Monthly Cash Flow | $1,114 | $250 |
City averages based on Dove Creek market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,930 |
| Total Monthly Debt Service | $760 |
| DSCR Ratio | 2.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
0.53 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
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
Single Family
Built in 1959
0.53 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices