383 S Hillcrest Drive #30MontroseCO81401
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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 Montrose at 383 S Hillcrest Drive #30, Montrose, CO, 81401 listed at $105,000 pairs $816/mo rent with a $514/mo payment to leave $204/mo cash flow. Total monthly income runs $816/mo, and annual cash flow reaches $2,448/yr on $34,808 cash to close. Return on cash invested measures 26.94% in year one, and rental yield registers 9.33% at a $105,000 basis. Equity gained on principal adds $678/yr, and annual property appreciation at 5% supports $29,010 by year five. Five-year ROI tracks 140.08% and total cumulative return in cash totals $48,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $816/mo property income relative to a $514/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1975
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81401, Montrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 6,894 (62.3%) |
| Renter Occupied HU | 3,345 (30.2%) |
| Vacant Housing Units | 820 ( 7.4%) |
| Median Home Value | $384,298 |
| Average Home Value | $468,293 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
10,611
Multi-Family
388
Businesses
1,170
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