323 E Concord DrFruitaCO81521
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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 Fruita at 323 E Concord Dr, Fruita, CO, 81521 priced at $399,800 pairs $3,060/mo rent with $719/mo cash flow after a $1,957/mo payment. Total monthly income equals $3,060/mo, and annual cash flow comes to $8,633/yr on $132,534 invested. Return on cash invested is 26.42% in year one, and rental yield stands at 9.18% on a $399,800 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,457 by year five. Five-year ROI measures 137.35% and total cumulative return in cash reaches $182,029. For financing, Ziffy Mortgage’s DSCR program evaluates $3,060/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
7,840 sqft lot
$N/A/sqft
$125 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81521, Fruita, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 5,360 (74.9%) |
| Renter Occupied HU | 1,427 (20.0%) |
| Vacant Housing Units | 365 ( 5.1%) |
| Median Home Value | $440,246 |
| Average Home Value | $521,174 |
Housing Distribution
Address Breakdown
Residential
6,855
Single Family
6,626
Multi-Family
229
Businesses
465
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Listed by: JIM BRUNSWICK - THE BRUNSWICK TEAM • RE/MAX 4000, INC
Mls Name: GJARA
Mls ID: #20260177
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.