762 Main StCoal CreekCO81221
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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 Coal Creek at 762 Main St, Coal Creek, CO, 81221 offers $0/mo rent that, after a $1,639/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.19% in year one, and rental yield stands at 0% at a $334,900 entry. Equity gained on principal adds $2,161/yr while 5% annual appreciation compounds into $92,527 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,639/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81221, Coal Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 66 (100%) |
| Owner Occupied HU | 52 (78.8%) |
| Renter Occupied HU | 11 (16.7%) |
| Vacant Housing Units | 3 ( 4.5%) |
| Median Home Value | $328,571 |
| Average Home Value | $339,519 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Ashley Blasius ABR MRP • Cornerstone Real Estate Team
Mls Name: Pikes Peak MLS
Mls ID: #9061314