18828 Surface Creek RdCedaredgeCO81413
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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 Cedaredge at 18828 Surface Creek Rd, Cedaredge, CO, 81413 uses $58,013 cash to close to unlock $4,436/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $1,390/mo, and a $857/mo payment keeps the spread at $370/mo. Purchase price stands at $175,000, and rental yield measures 9.53% with $1,390/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 143.4% and total cumulative return in cash records $83,191. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,390/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1947
1.17 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
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Listed by: Ronda Slogar • RE/MAX Mountain West, Inc. - Cedaredge
Mls Name: CREN
Mls Provider:
Mls ID: #822226
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.