2709 Glen Mor DriveMontroseCO81401
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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 2709 Glen Mor Drive, Montrose, CO, 81401 offers a 7.26% rental yield on a $434,900 purchase with $2,630/mo rent. Total monthly income registers $2,630/mo, and a $2,129/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,141/yr on $144,169 to close, and return on cash invested stands at 20.7% in year one. Equity gained on principal adds $2,806/yr while 5% annual appreciation supports $120,155 over five years. Portfolio math shows five-year ROI at 106.64% and total cumulative return in cash at $153,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,630/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81401, Montrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 6,894 (62.3%) |
| Renter Occupied HU | 3,345 (30.2%) |
| Vacant Housing Units | 820 ( 7.4%) |
| Median Home Value | $384,298 |
| Average Home Value | $468,293 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
10,611
Multi-Family
388
Businesses
1,170
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