60918 Gunnison RdMontroseCO81401
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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 Montrose at 60918 Gunnison Rd, Montrose, CO, 81401 uses $165,750 cash to close to unlock $2,692/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $3,138/mo, and a $2,447/mo payment keeps the spread at $224/mo. Purchase price stands at $499,999, and rental yield measures 7.53% with $3,138/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 111.09% and total cumulative return in cash records $184,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,138/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81401, Montrose, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,059 (100%) |
| Owner Occupied HU | 6,894 (62.3%) |
| Renter Occupied HU | 3,345 (30.2%) |
| Vacant Housing Units | 820 ( 7.4%) |
| Median Home Value | $384,298 |
| Average Home Value | $468,293 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
10,611
Multi-Family
388
Businesses
1,170
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Listed by: Robert Quintero • RONIN Real Estate Professionals
Mls Name: CREN
Mls Provider:
Mls ID: #819688
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.