136 N Nevada AvenueMontroseCO81401
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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
Rental property for sale in Montrose at 136 N Nevada Avenue, Montrose, CO, 81401 priced at $823,000 converts $3,419/mo rent into after a $4,028/mo obligation. Total monthly income equals $3,419/mo. Return on cash invested prints 13.96% in year one, and rental yield reads 4.99% against a $823,000 entry. Equity gained on principal adds $5,311/yr, while 5% annual appreciation compiles into $227,380 by year five. Five-year ROI reaches 70.41% and total cumulative return in cash sums $190,649. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,419/mo property income covering a $4,028/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81401, Montrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 6,894 (62.3%) |
| Renter Occupied HU | 3,345 (30.2%) |
| Vacant Housing Units | 820 ( 7.4%) |
| Median Home Value | $384,298 |
| Average Home Value | $468,293 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
10,611
Multi-Family
388
Businesses
1,170
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