108 Spruce CourtOurayCO81427
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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 Ouray at 108 Spruce Court, Ouray, CO, 81427 listed at $555,000 pairs $3,305/mo rent with a $2,716/mo payment to leave $71/mo cash flow. Total monthly income runs $3,305/mo, and annual cash flow reaches $852/yr on $182,595 cash to close. Return on cash invested measures 20.53% in year one, and rental yield registers 7.15% at a $555,000 basis. Equity gained on principal adds $3,581/yr, and annual property appreciation at 5% supports $153,336 by year five. Five-year ROI tracks 105.63% and total cumulative return in cash totals $192,884. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,305/mo property income relative to a $2,716/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81427, Ouray, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 847 (100%) |
| Owner Occupied HU | 341 (40.3%) |
| Renter Occupied HU | 138 (16.3%) |
| Vacant Housing Units | 368 (43.4%) |
| Median Home Value | $654,279 |
| Average Home Value | $751,928 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
172
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