616 E 11th StLeadvilleCO80461
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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 Leadville at 616 E 11th St, Leadville, CO, 80461 generates $2,650/mo in rent and, after a $1,981/mo payment, leaves $267/mo in cash flow. Total monthly income is $2,650/mo, and annual cash flow is $3,208/yr on $134,158 invested. Return on cash invested sits at 22.3% in year one, and rental yield is 7.86% on a $404,700 entry. Equity gained on principal adds $2,611/yr, while 5% annual appreciation builds toward $111,811 over five years. Five-year ROI reaches 115.29% and total cumulative return in cash sums $154,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,650/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80461, Leadville, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,200 (100%) |
| Owner Occupied HU | 2,031 (48.4%) |
| Renter Occupied HU | 1,097 (26.1%) |
| Vacant Housing Units | 1,072 (25.5%) |
| Median Home Value | $503,140 |
| Average Home Value | $479,626 |
Housing Distribution
Address Breakdown
Residential
2,937
Single Family
2,558
Multi-Family
379
Businesses
454
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