2919 Riverside DrIdaho SpringsCO80452
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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 Idaho Springs at 2919 Riverside Dr, Idaho Springs, CO, 80452 listed at $290,000 pairs $2,850/mo rent with a $1,419/mo payment to leave $940/mo cash flow. Total monthly income runs $2,850/mo, and annual cash flow reaches $11,284/yr on $96,135 cash to close. Return on cash invested measures 31.65% in year one, and rental yield registers 11.79% at a $290,000 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,122 by year five. Five-year ROI tracks 166.33% and total cumulative return in cash totals $159,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,850/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1973
N/A lot
$N/A/sqft
$220 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80452, Idaho Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,112 (100%) |
| Owner Occupied HU | 1,082 (51.2%) |
| Renter Occupied HU | 518 (24.5%) |
| Vacant Housing Units | 512 (24.2%) |
| Median Home Value | $518,997 |
| Average Home Value | $654,965 |
Housing Distribution
Address Breakdown
Residential
690
Single Family
690
Multi-Family
0
Businesses
203
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Listed by: Dru Van Doren • RE/MAX Advanced Inc.
Mls Name: IRES
Mls Provider:
Mls ID: #1036658
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS.