1220 Main StreetCedaredgeCO81413
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
Investment property for sale in Cedaredge at 1220 Main Street, Cedaredge, CO, 81413 with 5% annual appreciation on a $480,000 basis while $3,622/mo rent supports operations. Total monthly income totals $3,622/mo and a $2,349/mo payment preserves $825/mo for cash returns. Annual cash flow comes to $9,900/yr on $159,120 deployed, and return on cash invested reaches 26.13% in year one. Equity gained on principal adds $3,097/yr, and five-year appreciation sums $132,615 alongside rental yield of 9.05%. Five-year ROI measures 135.72% and total cumulative return in cash totals $215,957.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,622/mo property income versus a $2,349/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81413, Cedaredge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 2,064 (65.0%) |
| Renter Occupied HU | 549 (17.3%) |
| Vacant Housing Units | 562 (17.7%) |
| Median Home Value | $434,499 |
| Average Home Value | $516,771 |
Housing Distribution
Address Breakdown
Residential
2,578
Single Family
2,553
Multi-Family
25
Businesses
234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices