316 S 3rd AveAultCO80610
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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 Ault at 316 S 3rd Ave, Ault, CO, 80610 offers a 7% rental yield on a $339,900 purchase with $1,984/mo rent. Total monthly income registers $1,984/mo, and a $1,664/mo payment leaves $3/mo available for distribution. Annual cash flow reaches $33/yr on $112,677 to close, and return on cash invested stands at 19.94% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 102.53% and total cumulative return in cash at $115,523. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,984/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
7,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80610, Ault, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,797 (100%) |
| Owner Occupied HU | 1,413 (78.6%) |
| Renter Occupied HU | 315 (17.5%) |
| Vacant Housing Units | 69 ( 3.8%) |
| Median Home Value | $549,210 |
| Average Home Value | $615,437 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
94
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Listed by: Ryan Andre • Sears Real Estate
Mls Name: IRES
Mls Provider:
Mls ID: #1037814
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.