605 Lamb Mountain RdFairplayCO80440
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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 Fairplay at 605 Lamb Mountain Rd, Fairplay, CO, 80440 priced at $460,500 pairs $2,978/mo rent with $294/mo cash flow after a $2,254/mo payment. Total monthly income equals $2,978/mo, and annual cash flow comes to $3,530/yr on $152,656 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 7.76% on a $460,500 basis. Equity gained on principal adds $2,972/yr, and 5% annual appreciation accumulates to $127,228 by year five. Five-year ROI measures 114.79% and total cumulative return in cash reaches $175,226. For financing, Ziffy Mortgage’s DSCR program evaluates $2,978/mo property income against a $2,254/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80440, Fairplay, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,160 (100%) |
| Owner Occupied HU | 1,085 (34.3%) |
| Renter Occupied HU | 336 (10.6%) |
| Vacant Housing Units | 1,739 (55.0%) |
| Median Home Value | $478,506 |
| Average Home Value | $540,797 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
141
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