241 Micah CtFruitaCO81521
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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 Fruita at 241 Micah Ct, Fruita, CO, 81521 priced at $665,000 converts $4,507/mo rent into $620/mo cash flow after a $3,255/mo obligation. Total monthly income equals $4,507/mo, and annual cash flow totals $7,443/yr on $218,785 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 8.13% against a $665,000 entry. Equity gained on principal adds $4,291/yr, while 5% annual appreciation compiles into $183,727 by year five. Five-year ROI reaches 121.42% and total cumulative return in cash sums $265,651. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,507/mo property income covering a $3,255/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
$133 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81521, Fruita, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 5,360 (74.9%) |
| Renter Occupied HU | 1,427 (20.0%) |
| Vacant Housing Units | 365 ( 5.1%) |
| Median Home Value | $440,246 |
| Average Home Value | $521,174 |
Housing Distribution
Address Breakdown
Residential
6,855
Single Family
6,626
Multi-Family
229
Businesses
465
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Listed by: RICK HANBY • HANBY REALTY, LLC
Mls Name: GJARA
Mls ID: #20252760
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.