40 River Pines Court Bldg B Unit 308EdwardsCO81632
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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 Edwards at 40 River Pines Court Bldg B Unit 308, Edwards, CO, 81632 uses $295,113 cash to close to unlock $17,270/yr annual cash flow and $1,439/mo monthly cash flow. Total monthly income runs $7,080/mo, and a $4,390/mo payment keeps the spread at $1,439/mo. Purchase price stands at $897,000, and rental yield measures 9.47% with $7,080/mo rent. Return on cash invested shows 25.91% in year one, and 5% annual appreciation builds toward $247,825 over five years. Five-year ROI reaches 135.14% and total cumulative return in cash records $398,814. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,080/mo property income covering a $4,390/mo payment rather than investor’s personal income.
Condo
Built in 1998
N/A lot
$N/A/sqft
$1,241 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81632, Edwards, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,728 (100%) |
| Owner Occupied HU | 2,753 (48.1%) |
| Renter Occupied HU | 1,309 (22.9%) |
| Vacant Housing Units | 1,666 (29.1%) |
| Median Home Value | $1,340,909 |
| Average Home Value | $1,361,813 |
Housing Distribution
Address Breakdown
Residential
1,634
Single Family
790
Multi-Family
844
Businesses
434
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Listed by: Tom Day • Engel & Volkers Denver
Mls Name: REcolorado
Mls Provider:
Mls ID: #3778103
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