1567 N Grand Mesa DriveCedaredgeCO81413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cedaredge at 1567 N Grand Mesa Drive, Cedaredge, CO, 81413 earns from $3,596/mo rent with a $7,586/mo payment. Total monthly income totals $3,596/mo. ROI tracks 7.38% on current figures, and rental yield reads 2.78% at a $1,550,000 purchase. Equity gained on principal adds $10,002/yr, and 5% annual appreciation supports $428,236 over five years. Five-year ROI reaches 35.07% and total cumulative return in cash sums $176,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,596/mo property income instead of your personal income.
Single Family
Built in 1911
39.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81413, Cedaredge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 2,064 (65.0%) |
| Renter Occupied HU | 549 (17.3%) |
| Vacant Housing Units | 562 (17.7%) |
| Median Home Value | $434,499 |
| Average Home Value | $516,771 |
Housing Distribution
Address Breakdown
Residential
2,578
Single Family
2,553
Multi-Family
25
Businesses
234
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christi Schmidt • Colorado Select Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #826311
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.