724 Park StTrinidadCO81082
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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 Trinidad at 724 Park St, Trinidad, CO, 81082 priced at $255,000 pairs $1,320/mo rent with after a $1,248/mo payment. Total monthly income equals $1,320/mo. Return on cash invested is 17.55% in year one, and rental yield stands at 6.21% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 89.73% and total cumulative return in cash reaches $75,848. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,013 sqft 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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