474 Mitchell Mountain RdCotopaxiCO81223
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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 Cotopaxi at 474 Mitchell Mountain Rd, Cotopaxi, CO, 81223 listed at $475,000 pairs $2,717/mo rent with a $2,325/mo payment. Total monthly income runs $2,717/mo. Return on cash invested measures 19.33% in year one, and rental yield registers 6.86% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 99.32% and total cumulative return in cash totals $156,391. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,717/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
10.59 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81223, Cotopaxi, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,744 (100%) |
| Owner Occupied HU | 959 (55.0%) |
| Renter Occupied HU | 100 ( 5.7%) |
| Vacant Housing Units | 685 (39.3%) |
| Median Home Value | $396,394 |
| Average Home Value | $435,326 |
Housing Distribution
Address Breakdown
Residential
1,405
Single Family
1,405
Multi-Family
0
Businesses
31
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Listed by: Kimberlee A. Salimeno • Keller Williams Clients Choice
Mls Name: Royal Gorge AOR
Mls Provider:
Mls ID: #7447250
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