605 Lake Front Rd #17Grand LakeCO80447
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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 Grand Lake at 605 Lake Front Rd #17, Grand Lake, CO, 80447 generates $3,551/mo in rent, after a $4,807/mo payment. Total monthly income is $3,551/mo. Return on cash invested sits at 10.82% in year one, and rental yield is 4.34% on a $982,100 entry. Equity gained on principal adds $6,337/yr, while 5% annual appreciation builds toward $271,336 over five years. Five-year ROI reaches 54.03% and total cumulative return in cash sums $174,564. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,551/mo property income rather than buyer’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$315 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80447, Grand Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 782 (22.8%) |
| Renter Occupied HU | 263 ( 7.7%) |
| Vacant Housing Units | 2,392 (69.6%) |
| Median Home Value | $674,038 |
| Average Home Value | $959,143 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
185
Multi-Family
25
Businesses
113
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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