614 Lode AveCripple CreekCO80813
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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 Cripple Creek at 614 Lode Ave, Cripple Creek, CO, 80813 generates $2,090/mo in rent and, after a $1,468/mo payment, leaves $342/mo in cash flow. Total monthly income is $2,090/mo, and annual cash flow is $4,104/yr on $99,447 invested. Return on cash invested sits at 24.04% in year one, and rental yield is 8.36% on a $299,990 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,882 over five years. Five-year ROI reaches 124.48% and total cumulative return in cash sums $123,789. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,090/mo property income rather than buyer’s personal income.
Townhouse
Built in 1997
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80813, Cripple Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 562 (46.4%) |
| Renter Occupied HU | 275 (22.7%) |
| Vacant Housing Units | 375 (30.9%) |
| Median Home Value | $410,000 |
| Average Home Value | $435,556 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
91
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Listed by: Reed Grainger • Grainger Realty LLC
Mls Name: Pikes Peak MLS
Mls ID: #7683198