2701 Midland Ave UNIT 1125Glenwood SpringsCO81601
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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 Glenwood Springs at 2701 Midland Ave UNIT 1125, Glenwood Springs, CO, 81601 earns $1,146/mo cash flow from $4,613/mo rent with a $2,912/mo payment. Total monthly income totals $4,613/mo, and annual cash flow totals $13,748/yr on $195,755 capital. ROI tracks 27.08% on current figures, and rental yield reads 9.3% at a $595,000 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 over five years. Five-year ROI reaches 140.81% and total cumulative return in cash sums $275,642. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,613/mo property income instead of your personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81601, Glenwood Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,173 (100%) |
| Owner Occupied HU | 3,716 (51.8%) |
| Renter Occupied HU | 2,820 (39.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $798,396 |
| Average Home Value | $888,818 |
Housing Distribution
Address Breakdown
Residential
6,731
Single Family
5,451
Multi-Family
1,280
Businesses
823
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Listed by: Steve M Carter • RE/MAX Country GWS
Mls Name: AGSMLS
Mls ID: #189590