323 N Amelia StRidgwayCO81432
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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 Ridgway at 323 N Amelia St, Ridgway, CO, 81432 at $1,395,000 posts ROI 7.8% with from $3,394/mo rent. Total monthly income equals $3,394/mo. Return on cash invested measures 7.8% and rental yield reads 2.92% at the current $1,395,000. Equity gained on principal adds $9,002/yr, and 5% annual appreciation supports $385,413 by year five. Five-year ROI prints 37.3% and total cumulative return in cash totals $168,586. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81432, Ridgway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,231 (52.3%) |
| Renter Occupied HU | 461 (19.6%) |
| Vacant Housing Units | 660 (28.1%) |
| Median Home Value | $816,270 |
| Average Home Value | $943,712 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
222
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Listed by: Ben Jackson • Telluride Properties Main St.
Mls Name: TRIDEMLS
Mls Provider:
Mls ID: #42990
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