176 Aspenglow LnRidgwayCO81432
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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 Ridgway at 176 Aspenglow Ln, Ridgway, CO, 81432 priced at $699,888 pairs $4,289/mo rent with $210/mo cash flow after a $3,426/mo payment. Total monthly income equals $4,289/mo, and annual cash flow comes to $2,517/yr on $230,263 invested. Return on cash invested is 21.15% in year one, and rental yield stands at 7.35% on a $699,888 basis. Equity gained on principal adds $4,516/yr, and 5% annual appreciation accumulates to $193,366 by year five. Five-year ROI measures 109% and total cumulative return in cash reaches $250,984. For financing, Ziffy Mortgage’s DSCR program evaluates $4,289/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81432, Ridgway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,231 (52.3%) |
| Renter Occupied HU | 461 (19.6%) |
| Vacant Housing Units | 660 (28.1%) |
| Median Home Value | $816,270 |
| Average Home Value | $943,712 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
222
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Listed by: Michelle Ritter • RE/MAX 4000 Inc
Mls Name: CREN
Mls Provider:
Mls ID: #820374
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.