490 W Main StreetCedaredgeCO81413
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cedaredge at 490 W Main Street, Cedaredge, CO, 81413 at $469,900 posts ROI 20.64% with $95/mo cash flow from $2,834/mo rent. Total monthly income equals $2,834/mo, and annual cash flow records $1,145/yr on $155,772 to close. Return on cash invested measures 20.64% and rental yield reads 7.24% at the current $469,900. Equity gained on principal adds $3,032/yr, and 5% annual appreciation supports $129,825 by year five. Five-year ROI prints 106.32% and total cumulative return in cash totals $165,614.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,834/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1907
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81413, Cedaredge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 2,064 (65.0%) |
| Renter Occupied HU | 549 (17.3%) |
| Vacant Housing Units | 562 (17.7%) |
| Median Home Value | $434,499 |
| Average Home Value | $516,771 |
Housing Distribution
Address Breakdown
Residential
2,578
Single Family
2,553
Multi-Family
25
Businesses
234
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