931 Nevada 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 931 Nevada Ave, Trinidad, CO, 81082 with 5% annual appreciation on a $249,000 basis while $1,633/mo rent supports operations. Total monthly income totals $1,633/mo and a $1,219/mo payment preserves $182/mo for cash returns. Annual cash flow comes to $2,179/yr on $82,544 deployed, and return on cash invested reaches 22.55% in year one. Equity gained on principal adds $1,607/yr, and five-year appreciation sums $68,794 alongside rental yield of 7.87%. Five-year ROI measures 116.54% and total cumulative return in cash totals $96,200.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,633/mo property income versus a $1,219/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1912
6,751 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: Sarah Jardis • Code of the West Real Estate LLC
Mls Name: PAR
Mls Provider:
Mls ID: #231304
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.