20613 High Park 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
Rental property for sale in Cedaredge at 20613 High Park Rd, Cedaredge, CO, 81413 generates $2,398/mo in rent, after a $3,274/mo payment. Total monthly income is $2,398/mo. Return on cash invested sits at 11.88% in year one, and rental yield is 4.3% on a $669,000 entry. Equity gained on principal adds $4,317/yr, while 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 59.28% and total cumulative return in cash sums $130,479. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,398/mo property income rather than buyer’s personal income.
Single Family
Built in 2009
36.60 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: Marsha Bryan • RE/MAX Mountain West Inc. - Cedaredge
Mls Name: CREN
Mls Provider:
Mls ID: #818011
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.