244 Howard Fork AvenueMontroseCO81403
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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 Montrose at 244 Howard Fork Avenue, Montrose, CO, 81403 offers a 7.09% rental yield on a $565,000 purchase with $3,338/mo rent. Total monthly income registers $3,338/mo, and a $2,765/mo payment leaves $46/mo available for distribution. Annual cash flow reaches $548/yr on $185,885 to close, and return on cash invested stands at 20.36% in year one. Equity gained on principal adds $3,646/yr while 5% annual appreciation supports $156,099 over five years. Portfolio math shows five-year ROI at 104.72% and total cumulative return in cash at $194,667. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,338/mo property income against a $2,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jessamy Pressler • NextHome Virtual
Mls Name: CREN
Mls Provider:
Mls ID: #826746
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