813 Smith AveTrinidadCO81082
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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
Investment property for sale in Trinidad at 813 Smith Ave, Trinidad, CO, 81082 uses $48,068 cash to close to unlock $3,020/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,097/mo, and a $710/mo payment keeps the spread at $252/mo. Purchase price stands at $145,000, and rental yield measures 9.08% with $1,097/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 136.08% and total cumulative return in cash records $65,408. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,097/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1905
7,492 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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Listed by: Bill Louthan • Code of the West Real Estate LLC
Mls Name: PAR
Mls Provider:
Mls ID: #230028
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.