197 S Cora StreetRidgwayCO81432
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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 Ridgway at 197 S Cora Street, Ridgway, CO, 81432 listed at $749,000 pairs $2,738/mo rent with a $3,666/mo payment. Total monthly income runs $2,738/mo. Return on cash invested measures 12.14% in year one, and rental yield registers 4.39% at a $749,000 basis. Equity gained on principal adds $4,833/yr, and annual property appreciation at 5% supports $206,935 by year five. Five-year ROI tracks 60.65% and total cumulative return in cash totals $149,452. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,738/mo property income relative to a $3,666/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
10,628 sqft 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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