458 Spruce Lake DrDivideCO80814
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
Investment property for sale in Divide at 458 Spruce Lake Dr, Divide, CO, 80814 uses $205,625 cash to close to unlock $12,452/yr annual cash flow and $1,038/mo monthly cash flow. Total monthly income runs $4,680/mo, and a $3,059/mo payment keeps the spread at $1,038/mo. Purchase price stands at $624,999, and rental yield measures 8.99% with $4,680/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 135.61% and total cumulative return in cash records $278,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,680/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 1984
3.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80814, Divide, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,159 (100%) |
| Owner Occupied HU | 1,445 (66.9%) |
| Renter Occupied HU | 221 (10.2%) |
| Vacant Housing Units | 493 (22.8%) |
| Median Home Value | $494,697 |
| Average Home Value | $605,069 |
Housing Distribution
Address Breakdown
Residential
1,701
Single Family
1,701
Multi-Family
0
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices