260 SW 13th CirCedaredgeCO81413
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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 Cedaredge at 260 SW 13th Cir, Cedaredge, CO, 81413 generates $1,093/mo in rent, after a $1,322/mo payment. Total monthly income is $1,093/mo. Return on cash invested sits at 13.46% in year one, and rental yield is 4.86% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 67.77% and total cumulative return in cash sums $60,661. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,093/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81413, Cedaredge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 2,064 (65.0%) |
| Renter Occupied HU | 549 (17.3%) |
| Vacant Housing Units | 562 (17.7%) |
| Median Home Value | $434,499 |
| Average Home Value | $516,771 |
Housing Distribution
Address Breakdown
Residential
2,578
Single Family
2,553
Multi-Family
25
Businesses
234
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Listed by: Jeffrey Mikesell • RE/MAX Mountain West Inc. - Cedaredge
Mls Name: CREN
Mls Provider:
Mls ID: #816471
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.