62 Spring Creek DrDivideCO80814
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Divide at 62 Spring Creek Dr, Divide, CO, 80814 at $700,000 posts ROI 23.18% with $599/mo cash flow from $4,680/mo rent. Total monthly income equals $4,680/mo, and annual cash flow records $7,189/yr on $230,300 to close. Return on cash invested measures 23.18% and rental yield reads 8.02% at the current $700,000. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 by year five. Five-year ROI prints 119.9% and total cumulative return in cash totals $276,124.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,680/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
4.13 Acres lot
$N/A/sqft
$19 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80814, Divide, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,159 (100%) |
| Owner Occupied HU | 1,445 (66.9%) |
| Renter Occupied HU | 221 (10.2%) |
| Vacant Housing Units | 493 (22.8%) |
| Median Home Value | $494,697 |
| Average Home Value | $605,069 |
Housing Distribution
Address Breakdown
Residential
1,701
Single Family
1,701
Multi-Family
0
Businesses
121
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Nearby investment properties with comparable prices
Listed by: Allyson Cantrell GRI MRP • Coldwell Banker 1st Choice Realty
Mls Name: Pikes Peak MLS
Mls Provider:
Mls ID: #2810919
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