33 Violet CourtRidgwayCO81432
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 33 Violet Court, Ridgway, CO, 81432 at $869,000 posts ROI 26.4% with $1,511/mo cash flow from $6,575/mo rent. Total monthly income equals $6,575/mo, and annual cash flow records $18,131/yr on $285,901 to close. Return on cash invested measures 26.4% and rental yield reads 9.08% at the current $869,000. Equity gained on principal adds $5,608/yr, and 5% annual appreciation supports $240,089 by year five. Five-year ROI prints 137.14% and total cumulative return in cash totals $392,087.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $6,575/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
1.86 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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