County Road 36Lake CityCO81235
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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
Rental property for sale in Lake City at County Road 36, Lake City, CO, 81235 generates $2,213/mo in rent, after a $9,275/mo payment. Total monthly income is $2,213/mo. Return on cash invested sits at 3.11% in year one, and rental yield is 1.4% on a $1,895,000 entry. Equity gained on principal adds $12,228/yr, while 5% annual appreciation builds toward $523,554 over five years. Five-year ROI reaches 12.18% and total cumulative return in cash sums $74,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,213/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
300 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81235, Lake City, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 994 (100%) |
| Owner Occupied HU | 259 (26.1%) |
| Renter Occupied HU | 91 ( 9.2%) |
| Vacant Housing Units | 644 (64.8%) |
| Median Home Value | $494,262 |
| Average Home Value | $627,529 |
Housing Distribution
Address Breakdown
Residential
39
Single Family
39
Multi-Family
0
Businesses
88
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Listed by: Dan Murphy • M4 Ranch Group, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #809549
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.