1102 RIDGE DriveKremmlingCO80459
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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 Kremmling at 1102 RIDGE Drive, Kremmling, CO, 80459 uses $83,704 cash to close to unlock $5,155/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,236/mo payment keeps the spread at $430/mo. Purchase price stands at $252,500, and rental yield measures 9.12% with $1,920/mo rent. Return on cash invested shows 26.07% in year one, and 5% annual appreciation builds toward $69,761 over five years. Five-year ROI reaches 135.51% and total cumulative return in cash records $113,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,236/mo payment rather than investor’s personal income.
Single Family
Built in 1986
4.54 Acres lot
$N/A/sqft
$225 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80459, Kremmling, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,343 (100%) |
| Owner Occupied HU | 693 (51.6%) |
| Renter Occupied HU | 314 (23.4%) |
| Vacant Housing Units | 336 (25.0%) |
| Median Home Value | $394,072 |
| Average Home Value | $500,931 |
Housing Distribution
Address Breakdown
Residential
115
Single Family
115
Multi-Family
0
Businesses
110
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Listed by: Amber Lemon • Coldwell Banker Elevated Realty
Mls Name: GCBOR
Mls ID: #25-335
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.