2701 Midland Ave UNIT 1125Glenwood SpringsCO81601
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Glenwood Springs rental at 2701 Midland Ave UNIT 1125, Glenwood Springs, CO, 81601 sits in the solid-income band: 9.3% gross yield, $4,613/mo rent, $1,145/mo net after the $2,675/mo debt service, DSCR 1.72. Entry price of $595,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $164,388 and $5,480/yr in principal reduction bring total cumulative return to $298,438.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.0% |
| Monthly Cash Flow | $1,145 | $1,500 |
City averages based on Glenwood Springs market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,613 |
| Total Monthly Debt Service | $3,231 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steve M Carter • RE/MAX Country GWS
Mls Name: AGSMLS
Mls ID: #189590