244 Crossroads CirMontroseCO81401
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Nearby investment properties with comparable prices
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 Montrose at 244 Crossroads Cir, Montrose, CO, 81401 at $325,000 posts ROI 22.36% with $220/mo cash flow from $2,114/mo rent. Total monthly income equals $2,114/mo, and annual cash flow records $2,636/yr on $107,738 to close. Return on cash invested measures 22.36% and rental yield reads 7.81% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 115.5% and total cumulative return in cash totals $124,441.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,114/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2005
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81401, Montrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 6,894 (62.3%) |
| Renter Occupied HU | 3,345 (30.2%) |
| Vacant Housing Units | 820 ( 7.4%) |
| Median Home Value | $384,298 |
| Average Home Value | $468,293 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
10,611
Multi-Family
388
Businesses
1,170
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Listed by: Michelle Klippert • CENTURY 21 Elevated Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #822710
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.