4244 Ripple LnGlenwood SpringsCO81601
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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 Glenwood Springs at 4244 Ripple Ln, Glenwood Springs, CO, 81601 priced at $875,000 converts $5,130/mo rent into after a $4,283/mo obligation. Total monthly income equals $5,130/mo. Return on cash invested prints 18.62% in year one, and rental yield reads 7.04% against a $875,000 entry. Equity gained on principal adds $5,646/yr, while 5% annual appreciation compiles into $241,746 by year five. Five-year ROI reaches 96.01% and total cumulative return in cash sums $276,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,130/mo property income covering a $4,283/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
871.20 sqft lot
$N/A/sqft
$375 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81601, Glenwood Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,173 (100%) |
| Owner Occupied HU | 3,716 (51.8%) |
| Renter Occupied HU | 2,820 (39.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $798,396 |
| Average Home Value | $888,818 |
Housing Distribution
Address Breakdown
Residential
6,731
Single Family
5,451
Multi-Family
1,280
Businesses
823
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Listed by: Jennifer Burr • Coldwell Banker Mason Morse-GWS
Mls Name: AGSMLS
Mls ID: #186822
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.