2820 Hager Ln #1-DGlenwood 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 2820 Hager Ln #1-D, Glenwood Springs, CO, 81601 offers a 7.36% rental yield on a $499,000 purchase with $3,059/mo rent. Total monthly income registers $3,059/mo, and a $2,442/mo payment leaves $151/mo available for distribution. Annual cash flow reaches $1,815/yr on $165,419 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 108.27% and total cumulative return in cash at $179,094. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,059/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
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: Marianne Ackerman • The Property Shop
Mls Name: AGSMLS
Mls ID: #190729