1137 Pleasant Point DrRidgwayCO81432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ridgway at 1137 Pleasant Point Dr, Ridgway, CO, 81432 priced at $1,450,000 pairs $1,734/mo rent with after a $7,097/mo payment. Total monthly income equals $1,734/mo. Return on cash invested is 3.21% in year one, and rental yield stands at 1.44% on a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and 5% annual appreciation accumulates to $400,608 by year five. Five-year ROI measures 12.74% and total cumulative return in cash reaches $59,841. For financing, Ziffy Mortgage’s DSCR program evaluates $1,734/mo property income against a $7,097/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81432, Ridgway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,231 (52.3%) |
| Renter Occupied HU | 461 (19.6%) |
| Vacant Housing Units | 660 (28.1%) |
| Median Home Value | $816,270 |
| Average Home Value | $943,712 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
222
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Listed by: Shari Gardner • RE/MAX Cimarron Realty
Mls Name: CREN
Mls Provider:
Mls ID: #822017
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.