906 Tallaqua DriveGrand LakeCO80447
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
Rental property for sale in Grand Lake at 906 Tallaqua Drive, Grand Lake, CO, 80447 priced at $895,000 pairs $5,700/mo rent with $484/mo cash flow after a $4,381/mo payment. Total monthly income equals $5,700/mo, and annual cash flow comes to $5,804/yr on $294,455 invested. Return on cash invested is 22.03% in year one, and rental yield stands at 7.64% on a $895,000 basis. Equity gained on principal adds $5,775/yr, and 5% annual appreciation accumulates to $247,272 by year five. Five-year ROI measures 113.71% and total cumulative return in cash reaches $334,826. For financing, Ziffy Mortgage’s DSCR program evaluates $5,700/mo property income against a $4,381/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80447, Grand Lake, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,437 (100%) |
| Owner Occupied HU | 782 (22.8%) |
| Renter Occupied HU | 263 ( 7.7%) |
| Vacant Housing Units | 2,392 (69.6%) |
| Median Home Value | $674,038 |
| Average Home Value | $959,143 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
185
Multi-Family
25
Businesses
113
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Listed by: Donna Ready • Mountain Lake Properties
Mls Name: REcolorado
Mls ID: #9328089