1527 Blake Ave APT 211Glenwood SpringsCO81601
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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 Glenwood Springs at 1527 Blake Ave APT 211, Glenwood Springs, CO, 81601 uses $131,606 cash to close to unlock $9,462/yr annual cash flow and $788/mo monthly cash flow. Total monthly income runs $3,102/mo, and a $1,943/mo payment keeps the spread at $788/mo. Purchase price stands at $397,000, and rental yield measures 9.38% with $3,102/mo rent. Return on cash invested shows 27.1% in year one, and 5% annual appreciation builds toward $109,684 over five years. Five-year ROI reaches 140.94% and total cumulative return in cash records $185,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,102/mo property income covering a $1,943/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81601, Glenwood Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,173 (100%) |
| Owner Occupied HU | 3,716 (51.8%) |
| Renter Occupied HU | 2,820 (39.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $798,396 |
| Average Home Value | $888,818 |
Housing Distribution
Address Breakdown
Residential
6,731
Single Family
5,451
Multi-Family
1,280
Businesses
823
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Listed by: Marianne Ackerman • The Property Shop
Mls Name: AGSMLS
Mls ID: #189888