601 Chipeta DriveRidgwayCO81432
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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 Ridgway at 601 Chipeta Drive, Ridgway, CO, 81432 at $1,155,150 posts ROI 10.77% with from $3,737/mo rent. Total monthly income equals $3,737/mo. Return on cash invested measures 10.77% and rental yield reads 3.88% at the current $1,155,150. Equity gained on principal adds $7,454/yr, and 5% annual appreciation supports $319,147 by year five. Five-year ROI prints 53.23% and total cumulative return in cash totals $199,218. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,737/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1995
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81432, Ridgway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,231 (52.3%) |
| Renter Occupied HU | 461 (19.6%) |
| Vacant Housing Units | 660 (28.1%) |
| Median Home Value | $816,270 |
| Average Home Value | $943,712 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
222
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