231 3rd Ave, Ouray, CO, 81427 | 5.62% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Ouray at 231 3rd Ave, Ouray, CO, 81427 offers a 5.62% rental yield on a $750,000 purchase with $3,510/mo rent. 87% in year one. Equity gained on principal adds $4,840/yr while 5% annual appreciation supports $207,211 over five years. Portfolio math shows five-year ROI at 80.68% and total cumulative return in cash at $199,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,510/mo property income against a $3,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1888

5,227 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 81427, Ouray, CO area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	847 (100%)
Owner Occupied HU	341 (40.3%)
Renter Occupied HU	138 (16.3%)
Vacant Housing Units	368 (43.4%)
Median Home Value	$654,279
Average Home Value	$751,928