216 E 1st StRifleCO81650
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 Rifle at 216 E 1st St, Rifle, CO, 81650 priced at $425,000 pairs $1,884/mo rent with after a $2,080/mo payment. Total monthly income equals $1,884/mo. Return on cash invested is 14.86% in year one, and rental yield stands at 5.32% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 75.31% and total cumulative return in cash reaches $106,109. For financing, Ziffy Mortgage’s DSCR program evaluates $1,884/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81650, Rifle, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,111 (100%) |
| Owner Occupied HU | 3,084 (60.3%) |
| Renter Occupied HU | 1,779 (34.8%) |
| Vacant Housing Units | 248 ( 4.9%) |
| Median Home Value | $411,789 |
| Average Home Value | $440,434 |
Housing Distribution
Address Breakdown
Residential
5,075
Single Family
4,490
Multi-Family
585
Businesses
753
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kehaulani Rust • Western Slope Real Estate
Mls Name: AGSMLS
Mls ID: #189931
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.