935 Herring CirCraigCO81625
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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 935 Herring Cir, Craig, CO, 81625 listed at $319,900 pairs $2,431/mo rent with a $1,566/mo payment to leave $566/mo cash flow. Total monthly income runs $2,431/mo, and annual cash flow reaches $6,797/yr on $106,047 cash to close. Return on cash invested measures 26.32% in year one, and rental yield registers 9.12% at a $319,900 basis. Equity gained on principal adds $2,064/yr, and annual property appreciation at 5% supports $88,382 by year five. Five-year ROI tracks 136.76% and total cumulative return in cash totals $145,028. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,431/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
6,098 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
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Listed by: Stacey S Mathers • Cornerstone Realty LTD.
Mls Name: AGSMLS
Mls ID: #189082
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.