663 Mineral CtFruitaCO81521
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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
Rental property for sale in Fruita at 663 Mineral Ct, Fruita, CO, 81521 priced at $439,999 converts $2,186/mo rent into after a $2,154/mo obligation. Total monthly income equals $2,186/mo. Return on cash invested prints 16.62% in year one, and rental yield reads 5.96% against a $439,999 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation compiles into $121,564 by year five. Five-year ROI reaches 84.82% and total cumulative return in cash sums $123,718. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,186/mo property income covering a $2,154/mo payment, not borrower’s personal income.
Single Family
Built in 2002
9,147 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81521, Fruita, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,152 (100%) |
| Owner Occupied HU | 5,360 (74.9%) |
| Renter Occupied HU | 1,427 (20.0%) |
| Vacant Housing Units | 365 ( 5.1%) |
| Median Home Value | $440,246 |
| Average Home Value | $521,174 |
Housing Distribution
Address Breakdown
Residential
6,855
Single Family
6,626
Multi-Family
229
Businesses
465
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Listed by: N/A • RE/MAX RISE UP
Mls Name: GJARA
Mls ID: #20252350
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.