308 Putney AveCollbranCO81624
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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 Collbran at 308 Putney Ave, Collbran, CO, 81624 with 5% annual appreciation on a $254,250 basis while $2,141/mo rent supports operations. Total monthly income totals $2,141/mo and a $1,244/mo payment preserves $660/mo for cash returns. Annual cash flow comes to $7,916/yr on $84,284 deployed, and return on cash invested reaches 29.3% in year one. Equity gained on principal adds $1,641/yr, and five-year appreciation sums $70,245 alongside rental yield of 10.11%. Five-year ROI measures 152.74% and total cumulative return in cash totals $128,736.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,141/mo property income versus a $1,244/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1924
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81624, Collbran, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 876 (100%) |
| Owner Occupied HU | 459 (52.4%) |
| Renter Occupied HU | 123 (14.0%) |
| Vacant Housing Units | 294 (33.6%) |
| Median Home Value | $677,455 |
| Average Home Value | $1,054,635 |
Housing Distribution
Address Breakdown
Residential
395
Single Family
395
Multi-Family
0
Businesses
48
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Listed by: Julie Piland • United Country Real Colorado Properties
Mls Name: AGSMLS
Mls ID: #188060
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.