801 Steele StCraigCO81625
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 801 Steele St, Craig, CO, 81625 uses $99,417 cash to close to unlock $3,985/yr annual cash flow and $332/mo monthly cash flow. Total monthly income runs $2,080/mo, and a $1,468/mo payment keeps the spread at $332/mo. Purchase price stands at $299,900, and rental yield measures 8.32% with $2,080/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 123.91% and total cumulative return in cash records $123,184. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,080/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,712 sqft 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