295 Main St UNIT R306EdwardsCO81632
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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
Rental property for sale in Edwards at 295 Main St UNIT R306, Edwards, CO, 81632 generates $4,007/mo in rent, after a $4,283/mo payment. Total monthly income is $4,007/mo. Return on cash invested sits at 15.51% in year one, and rental yield is 5.5% on a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation builds toward $241,746 over five years. Five-year ROI reaches 78.72% and total cumulative return in cash sums $226,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,007/mo property income rather than buyer’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81632, Edwards, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,728 (100%) |
| Owner Occupied HU | 2,753 (48.1%) |
| Renter Occupied HU | 1,309 (22.9%) |
| Vacant Housing Units | 1,666 (29.1%) |
| Median Home Value | $1,340,909 |
| Average Home Value | $1,361,813 |
Housing Distribution
Address Breakdown
Residential
1,634
Single Family
790
Multi-Family
844
Businesses
434
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