870 S Saddoris DrCraigCO81625
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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 Craig at 870 S Saddoris Dr, Craig, CO, 81625 offers a 8.43% rental yield on a $425,000 purchase with $2,987/mo rent. Total monthly income registers $2,987/mo, and a $2,080/mo payment leaves $510/mo available for distribution. Annual cash flow reaches $6,124/yr on $140,888 to close, and return on cash invested stands at 24.26% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 125.7% and total cumulative return in cash at $177,101. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,987/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
5.01 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
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Listed by: Yvonne C Gustin • Country Living Realty
Mls Name: AGSMLS
Mls ID: #185585
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.