73338 W Highway 40CraigCO81625
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 Craig at 73338 W Highway 40, Craig, CO, 81625 offers a 7.72% rental yield on a $324,900 purchase with $2,089/mo rent. Total monthly income registers $2,089/mo, and a $1,590/mo payment leaves $196/mo available for distribution. Annual cash flow reaches $2,349/yr on $107,704 to close, and return on cash invested stands at 22.09% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,764 over five years. Portfolio math shows five-year ROI at 114.06% and total cumulative return in cash at $122,849. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,089/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
43.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81625, Craig, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,517 (100%) |
| Owner Occupied HU | 3,284 (59.5%) |
| Renter Occupied HU | 1,718 (31.1%) |
| Vacant Housing Units | 515 ( 9.3%) |
| Median Home Value | $299,087 |
| Average Home Value | $326,651 |
Housing Distribution
Address Breakdown
Residential
5,170
Single Family
4,785
Multi-Family
385
Businesses
386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kitsey Behrman • eXp Realty, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #9132741
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)