800 Cheyenne StTrinidadCO81082
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow800 Cheyenne St, Trinidad, CO, 81082 in Trinidad is a solid income-producing rental, 10.8% gross yield, $981/mo rent, $346/mo net cash flow on a $109,000 buy. DSCR 2.00 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $30,115 and $1,004/yr in principal reduction project a total cumulative return of $63,465.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $346 | $300 |
City averages based on Trinidad market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $981 |
| Total Monthly Debt Service | $592 |
| DSCR Ratio | 1.66x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
0.27 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
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
Single Family
Built in 1939
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathie Scott • Code of the West Real Estate LLC
Mls Name: PAR
Mls Provider:
Mls ID: #218264
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.