324 1st 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
Rental property for sale in Ault at 324 1st Ave, Ault, CO, 80610 offers $5,400/mo rent that, after a $1,835/mo payment, leaves $3,215/mo cash flow. Total monthly income is $5,400/mo, and annual cash flow is $38,580/yr on $124,313 cash. Return on cash invested measures 50.94% in year one, and rental yield stands at 17.28% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 268.78% and total cumulative return in cash reaches $334,131. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,400/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,970 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: Thomas Glanville • Keller Williams-Preferred Rlty
Mls Name: IRES
Mls Provider:
Mls ID: #1020293
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.