2701 Midland Ave UNIT 225Glenwood 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 225, Glenwood Springs, CO, 81601 uses $195,755 cash to close to unlock $6,848/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $4,038/mo, and a $2,912/mo payment keeps the spread at $571/mo. Purchase price stands at $595,000, and rental yield measures 8.14% with $4,038/mo rent. Return on cash invested shows 23.56% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 121.9% and total cumulative return in cash records $238,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,038/mo property income covering a $2,912/mo payment rather than investor’s 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: Jocelyn Kochevar • The Property Shop
Mls Name: AGSMLS
Mls ID: #191058