355 NW 5th StCedaredgeCO81413
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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 Cedaredge at 355 NW 5th St, Cedaredge, CO, 81413 listed at $287,384 pairs $1,331/mo rent with a $1,407/mo payment. Total monthly income runs $1,331/mo. Return on cash invested measures 15.57% in year one, and rental yield registers 5.56% at a $287,384 basis. Equity gained on principal adds $1,854/yr, and annual property appreciation at 5% supports $79,399 by year five. Five-year ROI tracks 79.13% and total cumulative return in cash totals $75,383. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,331/mo property income relative to a $1,407/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81413, Cedaredge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 2,064 (65.0%) |
| Renter Occupied HU | 549 (17.3%) |
| Vacant Housing Units | 562 (17.7%) |
| Median Home Value | $434,499 |
| Average Home Value | $516,771 |
Housing Distribution
Address Breakdown
Residential
2,578
Single Family
2,553
Multi-Family
25
Businesses
234
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Listed by: JENNIFER CIRKA • GREYHOUND REAL ESTATE
Mls Name: GJARA
Mls ID: #20252758
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.