240 Clarkson AveRifleCO81650
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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 Rifle at 240 Clarkson Ave, Rifle, CO, 81650 offers $2,765/mo rent that, after a $2,325/mo payment. Total monthly income is $2,765/mo. Return on cash invested measures 19.88% in year one, and rental yield stands at 6.99% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 102.24% and total cumulative return in cash reaches $160,987. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,765/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1904
9,147 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
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