1503 Oak StreetOurayCO81427
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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 1503 Oak Street, Ouray, CO, 81427 listed at $949,000 pairs $3,842/mo rent with a $4,645/mo payment. Total monthly income runs $3,842/mo. Return on cash invested measures 13.57% in year one, and rental yield registers 4.86% at a $949,000 basis. Equity gained on principal adds $6,124/yr, and annual property appreciation at 5% supports $262,191 by year five. Five-year ROI tracks 68.34% and total cumulative return in cash totals $213,384. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,842/mo property income relative to a $4,645/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
9,583 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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Listed by: Marc Hitchcox • NextHome Virtual
Mls Name: CREN
Mls Provider:
Mls ID: #822591
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.