2419 24th PlRifleCO81650
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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
Investment property for sale in Rifle at 2419 24th Pl, Rifle, CO, 81650 uses $106,080 cash to close to unlock $3,520/yr annual cash flow and $293/mo monthly cash flow. Total monthly income runs $2,333/mo, and a $1,566/mo payment keeps the spread at $293/mo. Purchase price stands at $320,000, and rental yield measures 8.75% with $2,333/mo rent. Return on cash invested shows 23.23% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 120.91% and total cumulative return in cash records $128,259. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,333/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Townhouse
Built in 1980
1,742 sqft lot
$N/A/sqft
$175 monthly 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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Listed by: Marina Karzhova • Cheryl&Co. Real Estate, LLC
Mls Name: AGSMLS
Mls ID: #186150
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.