1308 MainOurayCO81427
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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 1308 Main, Ouray, CO, 81427 uses $148,844 cash to close to unlock $3,347/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,896/mo, and a $2,198/mo payment keeps the spread at $279/mo. Purchase price stands at $449,000, and rental yield measures 7.74% with $2,896/mo rent. Return on cash invested shows 22.16% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 114.41% and total cumulative return in cash records $170,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,896/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
3,484 sqft 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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