212 Granite AveOphirCO81426
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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 Ophir at 212 Granite Ave, Ophir, CO, 81426 priced at $899,000 converts $2,284/mo rent into after a $4,400/mo obligation. Total monthly income equals $2,284/mo. Return on cash invested prints 8.07% in year one, and rental yield reads 3.05% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 38.84% and total cumulative return in cash sums $114,886. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,284/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 1952
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81426, Ophir, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 307 (100%) |
| Owner Occupied HU | 145 (47.2%) |
| Renter Occupied HU | 28 ( 9.1%) |
| Vacant Housing Units | 134 (43.6%) |
| Median Home Value | $687,500 |
| Average Home Value | $880,948 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
8
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