611 S Indiana AveTrinidadCO81082
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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 Trinidad at 611 S Indiana Ave, Trinidad, CO, 81082 priced at $199,900 converts $1,980/mo rent into $815/mo cash flow after a $978/mo obligation. Total monthly income equals $1,980/mo, and annual cash flow totals $9,785/yr on $66,267 invested. Return on cash invested prints 34.68% in year one, and rental yield reads 11.89% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 181.58% and total cumulative return in cash sums $120,325. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,980/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1980
6,926 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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