355 W Johnson LoopCraigCO81625
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 Craig at 355 W Johnson Loop, Craig, CO, 81625 uses $117,683 cash to close to unlock $3,176/yr annual cash flow and $265/mo monthly cash flow. Total monthly income runs $2,334/mo, and a $1,738/mo payment keeps the spread at $265/mo. Purchase price stands at $355,000, and rental yield measures 7.89% with $2,334/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 116.85% and total cumulative return in cash records $137,508. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,334/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81625, Craig, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,517 (100%) |
| Owner Occupied HU | 3,284 (59.5%) |
| Renter Occupied HU | 1,718 (31.1%) |
| Vacant Housing Units | 515 ( 9.3%) |
| Median Home Value | $299,087 |
| Average Home Value | $326,651 |
Housing Distribution
Address Breakdown
Residential
5,170
Single Family
4,785
Multi-Family
385
Businesses
386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Yvonne C Gustin • Country Living Realty
Mls Name: AGSMLS
Mls ID: #187852
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.