298 Middle StRangelyCO81648
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 298 Middle St, Rangely, CO, 81648 in Rangely deserves attention. This $350,000 property earns $3,227/mo in rent, a 11.06% gross yield, and nets $1,187/mo after the $1,574/mo payment. DSCR 2.05 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $96,699 compounds alongside $3,224/yr in yearly equity build, for a total cumulative return of $208,591.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 5.0% |
| Monthly Cash Flow | $1,187 | $1,200 |
City averages based on Rangely market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,227 |
| Total Monthly Debt Service | $1,900 |
| DSCR Ratio | 1.70x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1983
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81648, Rangely, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,368 (100%) |
| Owner Occupied HU | 692 (50.6%) |
| Renter Occupied HU | 328 (24.0%) |
| Vacant Housing Units | 348 (25.4%) |
| Median Home Value | $255,769 |
| Average Home Value | $274,664 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
956
Multi-Family
31
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1983
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81648, Rangely, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,368 (100%) |
| Owner Occupied HU | 692 (50.6%) |
| Renter Occupied HU | 328 (24.0%) |
| Vacant Housing Units | 348 (25.4%) |
| Median Home Value | $255,769 |
| Average Home Value | $274,664 |
Housing Distribution
Address Breakdown
Residential
987
Single Family
956
Multi-Family
31
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yvonne C Gustin • Country Living Realty
Mls Name: AGSMLS
Mls ID: #186649
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.