20347 County Road 3CraigCO81625
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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 Craig at 20347 County Road 3, Craig, CO, 81625 generates $2,641/mo in rent, after a $3,500/mo payment. Total monthly income is $2,641/mo. Return on cash invested sits at 12.27% in year one, and rental yield is 4.43% on a $715,000 entry. Equity gained on principal adds $4,614/yr, while 5% annual appreciation builds toward $197,541 over five years. Five-year ROI reaches 61.39% and total cumulative return in cash sums $144,405. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,641/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81625, Craig, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,517 (100%) |
| Owner Occupied HU | 3,284 (59.5%) |
| Renter Occupied HU | 1,718 (31.1%) |
| Vacant Housing Units | 515 ( 9.3%) |
| Median Home Value | $299,087 |
| Average Home Value | $326,651 |
Housing Distribution
Address Breakdown
Residential
5,170
Single Family
4,785
Multi-Family
385
Businesses
386
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Listed by: Janalee Adams • RE/MAX About You
Mls Name: AGSMLS
Mls ID: #186825
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.