594 Texas Creek LaneCotopaxiCO81223
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
Rental property for sale in Cotopaxi at 594 Texas Creek Lane, Cotopaxi, CO, 81223 priced at $295,000 converts $2,779/mo rent into $1,060/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,779/mo, and annual cash flow totals $12,716/yr on $97,793 invested. Return on cash invested prints 32.91% in year one, and rental yield reads 11.3% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 172.1% and total cumulative return in cash sums $168,302. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,779/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Manufactured
Built in 2001
5.25 Acres lot
$N/A/sqft
No 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 Salimeno • Keller Williams Clients Choice Realty
Mls Name: REcolorado
Mls Provider:
Mls ID: #2627489
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)