389 Routt Forest LoopCraigCO81625
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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 Craig at 389 Routt Forest Loop, Craig, CO, 81625 priced at $459,000 converts $1,920/mo rent into after a $2,247/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 13.95% in year one, and rental yield reads 5.02% against a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation compiles into $126,813 by year five. Five-year ROI reaches 70.43% and total cumulative return in cash sums $107,159. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $2,247/mo payment, not borrower’s personal income.
Single Family
Built in 1998
36 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
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Listed by: Lonnie Gustin • Hayden Outdoors LLC
Mls Name: AGSMLS
Mls ID: #180276
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.