198 Cedar DrDurangoCO81301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Durango at 198 Cedar Dr, Durango, CO, 81301 generates $4,234/mo in rent and, after a $3,386/mo payment, leaves $202/mo in cash flow. Total monthly income is $4,234/mo, and annual cash flow is $2,429/yr on $227,569 invested. Return on cash invested sits at 21.13% in year one, and rental yield is 7.35% on a $691,700 entry. Equity gained on principal adds $4,463/yr, while 5% annual appreciation builds toward $191,104 over five years. Five-year ROI reaches 108.87% and total cumulative return in cash sums $247,766. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,234/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81301, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,325 (100%) |
| Owner Occupied HU | 8,304 (47.9%) |
| Renter Occupied HU | 5,706 (32.9%) |
| Vacant Housing Units | 3,315 (19.1%) |
| Median Home Value | $715,239 |
| Average Home Value | $792,766 |
Housing Distribution
Address Breakdown
Residential
14,982
Single Family
14,372
Multi-Family
610
Businesses
1,520
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices