1661 Kellie DrMontroseCO81401
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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 1661 Kellie Dr, Montrose, CO, 81401 offers a 7.62% rental yield on a $349,990 purchase with $2,222/mo rent. Total monthly income registers $2,222/mo, and a $1,713/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,188/yr on $116,022 to close, and return on cash invested stands at 21.79% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,696 over five years. Portfolio math shows five-year ROI at 112.51% and total cumulative return in cash at $130,535. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,222/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1994
N/A 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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