Road K5Dove CreekCO81324
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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 Dove Creek at Road K5, Dove Creek, CO, 81324 priced at $972,000 pairs $2,288/mo rent with after a $4,757/mo payment. Total monthly income equals $2,288/mo. Return on cash invested is 7.39% in year one, and rental yield stands at 2.82% on a $972,000 basis. Equity gained on principal adds $6,272/yr, and 5% annual appreciation accumulates to $268,546 by year five. Five-year ROI measures 35.2% and total cumulative return in cash reaches $112,569. For financing, Ziffy Mortgage’s DSCR program evaluates $2,288/mo property income against a $4,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
486 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81324, Dove Creek, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 663 (100%) |
| Owner Occupied HU | 456 (68.8%) |
| Renter Occupied HU | 109 (16.4%) |
| Vacant Housing Units | 98 (14.8%) |
| Median Home Value | $233,190 |
| Average Home Value | $267,889 |
Housing Distribution
Address Breakdown
Residential
131
Single Family
131
Multi-Family
0
Businesses
68
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Listed by: Justin Osborn • The Wells Group of Durango, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #816041
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.