643 River Bend WayGlenwood 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
Total monthly income runs $5,974/mo, and a $5,869/mo payment. Purchase price stands at $1,199,000, and rental yield measures 5.98% with $5,974/mo rent. Return on cash invested shows 17.24% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 87.92% and total cumulative return in cash records $341,565. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,974/mo property income covering a $5,869/mo payment rather than investor’s personal income.
Single Family
Built in 2007
8,712 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
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Listed by: Steve M Carter • RE/MAX Country GWS
Mls Name: AGSMLS
Mls ID: #190102