6 Elm St #FCokedaleCO81082
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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 Cokedale at 6 Elm St #F, Cokedale, CO, 81082 priced at $178,000 converts $1,668/mo rent into $631/mo cash flow after a $871/mo obligation. Total monthly income equals $1,668/mo, and annual cash flow totals $7,570/yr on $59,007 invested. Return on cash invested prints 32.74% in year one, and rental yield reads 11.24% against a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation compiles into $49,178 by year five. Five-year ROI reaches 171.15% and total cumulative return in cash sums $100,993. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,668/mo property income covering a $871/mo payment, not borrower’s personal income.
Single Family
Built in 1907
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81082, Trinidad, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,281 (100%) |
| Owner Occupied HU | 3,491 (55.6%) |
| Renter Occupied HU | 1,773 (28.2%) |
| Vacant Housing Units | 1,017 (16.2%) |
| Median Home Value | $291,605 |
| Average Home Value | $329,313 |
Housing Distribution
Address Breakdown
Residential
5,033
Single Family
4,886
Multi-Family
147
Businesses
562
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