517 W 13th StGlenwood SpringsCO81601
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
Rental property for sale in Glenwood Springs at 517 W 13th St, Glenwood Springs, CO, 81601 generates $4,357/mo in rent, after a $5,127/mo payment. Total monthly income is $4,357/mo. Return on cash invested sits at 14.19% in year one, and rental yield is 4.99% on a $1,047,500 entry. Equity gained on principal adds $6,759/yr, while 5% annual appreciation builds toward $289,405 over five years. Five-year ROI reaches 71.6% and total cumulative return in cash sums $243,001. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,357/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
10,454 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Cardamone • Coldwell Banker Mason Morse-Aspen
Mls Name: AGSMLS
Mls ID: #191302