LOT 2 Mountain AveGrand LakeCO80447
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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 Grand Lake at LOT 2 Mountain Ave, Grand Lake, CO, 80447 uses $92,489 cash to close to unlock $11,803/yr annual cash flow and $984/mo monthly cash flow. Total monthly income runs $2,610/mo, and a $1,366/mo payment keeps the spread at $984/mo. Purchase price stands at $279,000, and rental yield measures 11.23% with $2,610/mo rent. Return on cash invested shows 32.67% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 170.82% and total cumulative return in cash records $157,987. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,610/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1934
6,534 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: N/A • N/A
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