588 Black Bear DriveDivideCO80814
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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 Divide at 588 Black Bear Drive, Divide, CO, 80814 offers $4,680/mo rent that, after a $3,206/mo payment, leaves $863/mo cash flow. Total monthly income is $4,680/mo, and annual cash flow is $10,352/yr on $215,495 cash. Return on cash invested measures 24.86% in year one, and rental yield stands at 8.57% at a $655,000 entry. Equity gained on principal adds $4,227/yr while 5% annual appreciation compounds into $180,964 by year five. Five-year ROI records 128.9% and total cumulative return in cash reaches $277,775. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,680/mo property income versus a $3,206/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
2.38 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
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