407 Water StRed CliffCO81649
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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 Red Cliff at 407 Water St, Red Cliff, CO, 81649 offers a 3.06% rental yield on a $1,500,000 purchase with $3,823/mo rent. 22% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,422 over five years. Portfolio math shows five-year ROI at 39.59% and total cumulative return in cash at $192,431. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,823/mo property income against a $7,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81649, Red Cliff, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 104 (100%) |
| Owner Occupied HU | 45 (43.3%) |
| Renter Occupied HU | 41 (39.4%) |
| Vacant Housing Units | 18 (17.3%) |
| Median Home Value | $1,220,588 |
| Average Home Value | $1,326,667 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
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