1248 Inverness WayFruitaCO81521
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 Fruita at 1248 Inverness Way, Fruita, CO, 81521 uses $152,457 cash to close to unlock $477/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $2,840/mo, and a $2,251/mo payment keeps the spread at $40/mo. Purchase price stands at $459,900, and rental yield measures 7.41% with $2,840/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $127,062 over five years. Five-year ROI reaches 104.38% and total cumulative return in cash records $159,138. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,840/mo property income covering a $2,251/mo payment rather than investor’s personal income.
Single Family
Built in 2005
4,356 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81521, Fruita, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 5,360 (74.9%) |
| Renter Occupied HU | 1,427 (20.0%) |
| Vacant Housing Units | 365 ( 5.1%) |
| Median Home Value | $440,246 |
| Average Home Value | $521,174 |
Housing Distribution
Address Breakdown
Residential
6,855
Single Family
6,626
Multi-Family
229
Businesses
465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • KELLER WILLIAMS COLORADO WEST REALTY
Mls Name: GJARA
Mls ID: #20251521
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.