1421 Anderson RoadMontroseCO81401
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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 Montrose at 1421 Anderson Road, Montrose, CO, 81401 at $299,888 posts ROI 25.87% with $494/mo cash flow from $2,242/mo rent. Total monthly income equals $2,242/mo, and annual cash flow records $5,929/yr on $99,413 to close. Return on cash invested measures 25.87% and rental yield reads 8.97% at the current $299,888. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,854 by year five. Five-year ROI prints 134.4% and total cumulative return in cash totals $133,609.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,242/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
8,712 sqft 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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Listed by: John Renfrow • Renfrow Realty
Mls Name: CREN
Mls Provider:
Mls ID: #822745
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.