714 Clarendon AvenueLeadvilleCO80461
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 Leadville at 714 Clarendon Avenue, Leadville, CO, 80461 listed at $530,000 pairs $3,304/mo rent with a $2,594/mo payment to leave $100/mo cash flow. Total monthly income runs $3,304/mo, and annual cash flow reaches $1,195/yr on $174,370 cash to close. Return on cash invested measures 20.75% in year one, and rental yield registers 7.48% at a $530,000 basis. Equity gained on principal adds $3,420/yr, and annual property appreciation at 5% supports $146,429 by year five. Five-year ROI tracks 107.11% and total cumulative return in cash totals $186,763. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,304/mo property income relative to a $2,594/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
3,920 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heather Lindh • ASPEN LEAF REALTY
Mls Name: REcolorado
Mls Provider:
Mls ID: #7519718
Disclaimer: 2023 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/info/mls-disclaimers/#17059)