1500 Oak Street #20OurayCO81427
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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 Ouray at 1500 Oak Street #20, Ouray, CO, 81427 generates $1,750/mo in rent and, after a $1,224/mo payment, leaves $293/mo in cash flow. Total monthly income is $1,750/mo, and annual cash flow is $3,512/yr on $82,875 invested. Return on cash invested sits at 24.15% in year one, and rental yield is 8.4% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 125.1% and total cumulative return in cash sums $103,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,750/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
N/A 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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