311 Main StOurayCO81427
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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
Total monthly income runs $3,274/mo, and a $7,562/mo payment. Purchase price stands at $1,545,000, and rental yield measures 2.54% with $3,274/mo rent. Return on cash invested shows 6.63% in year one, and 5% annual appreciation builds toward $426,855 over five years. Five-year ROI reaches 31.07% and total cumulative return in cash records $155,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,274/mo property income covering a $7,562/mo payment rather than investor’s personal income.
Single Family
Built in 1898
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81427, Ouray, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 847 (100%) |
| Owner Occupied HU | 341 (40.3%) |
| Renter Occupied HU | 138 (16.3%) |
| Vacant Housing Units | 368 (43.4%) |
| Median Home Value | $654,279 |
| Average Home Value | $751,928 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
172
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Listed by: Shannon Winter • Rogers Real Estate Group, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #820029
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.