2340 Ute AveRifleCO81650
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 2340 Ute Ave, Rifle, CO, 81650 in Rifle, $450,000, 7.19% gross yield, $74/mo net income. Consider it a market-entry position, the $2,696/mo rent covers the $2,023/mo payment with a margin, and 5%/yr appreciation is projected to add $124,327 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.33) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $174,672.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 8.0% |
| Monthly Cash Flow | $74 | $400 |
City averages based on Rifle market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,696 |
| Total Monthly Debt Service | $2,443 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
4,791 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
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- - Bath
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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
Single Family
Built in 1983
4,791 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
- - Bed
- - Bath
- - sft
- - Bed
- - Bath
- - sft
Listed by: Jazmyne Hoss • Keller Williams Colorado West Realty (GWS)
Mls Name: AGSMLS
Mls ID: #188609
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.