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 generates $1,675/mo in rent and, after a $1,224/mo payment, leaves $218/mo in cash flow. Total monthly income is $1,675/mo, and annual cash flow is $2,612/yr on $82,875 invested. Return on cash invested sits at 23.06% in year one, and rental yield is 8.04% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 119.28% and total cumulative return in cash sums $98,854. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,675/mo property income rather than buyer’s personal income.
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
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Listed by: Billi Jo Taylor • Jefferson Real Estate, Inc.
Mls Name: Altitude Realtors
Mls ID: #S1065679