102 Timber Creek DrGlenwood SpringsCO81601
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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 Glenwood Springs at 102 Timber Creek Dr, Glenwood Springs, CO, 81601 offers $4,532/mo rent that, after a $4,058/mo payment. Total monthly income is $4,532/mo. Return on cash invested measures 17.17% in year one, and rental yield stands at 6.56% at a $829,000 entry. Equity gained on principal adds $5,349/yr while 5% annual appreciation compounds into $229,037 by year five. Five-year ROI records 88.21% and total cumulative return in cash reaches $240,580. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,532/mo property income versus a $4,058/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
3,049 sqft lot
$N/A/sqft
$358 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81601, Glenwood Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,173 (100%) |
| Owner Occupied HU | 3,716 (51.8%) |
| Renter Occupied HU | 2,820 (39.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $798,396 |
| Average Home Value | $888,818 |
Housing Distribution
Address Breakdown
Residential
6,731
Single Family
5,451
Multi-Family
1,280
Businesses
823
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Listed by: Konnie Krahn-Prosence • Coldwell Banker Mason Morse-Carbondale
Mls Name: AGSMLS
Mls ID: #188964
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.