1840 American WayMontroseCO81401
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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
Total monthly income runs $2,574/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 6.88% with $2,574/mo rent. Return on cash invested shows 19.56% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 100.5% and total cumulative return in cash records $149,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,574/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 2005
10,367 sqft 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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Listed by: Don Bailey • Berkshire Hathaway HomeServices Colorado Properties
Mls Name: CREN
Mls Provider:
Mls ID: #818830
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.