490 Teller StLake GeorgeCO80827
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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
Rental property for sale in Lake George at 490 Teller St, Lake George, CO, 80827 priced at $250,000 pairs $0/mo rent with after a $1,224/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.19% in year one, and rental yield stands at 0% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
5.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80827, Lake George, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,329 (100%) |
| Owner Occupied HU | 473 (35.6%) |
| Renter Occupied HU | 62 ( 4.7%) |
| Vacant Housing Units | 794 (59.7%) |
| Median Home Value | $486,638 |
| Average Home Value | $548,044 |
Housing Distribution
Address Breakdown
Residential
366
Single Family
366
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Billi Jo Taylor • Jefferson Real Estate, Inc.
Mls Name: Altitude Realtors
Mls ID: #S1059778