711 Corundum RdTrinidadCO81082
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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
Investment property for sale in Trinidad at 711 Corundum Rd, Trinidad, CO, 81082 uses $145,529 cash to close to unlock $3,975/yr annual cash flow and $331/mo monthly cash flow. Total monthly income runs $2,890/mo, and a $2,149/mo payment keeps the spread at $331/mo. Purchase price stands at $439,000, and rental yield measures 7.9% with $2,890/mo rent. Return on cash invested shows 22.64% in year one, and 5% annual appreciation builds toward $121,288 over five years. Five-year ROI reaches 117.03% and total cumulative return in cash records $170,312. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,890/mo property income covering a $2,149/mo payment rather than investor’s personal income.
Single Family
Built in 2007
0.26 Acres 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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