66711 Otter 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 66711 Otter Rd, Montrose, CO, 81401 listed at $1,520,000 pairs $4,204/mo rent with a $7,440/mo payment. Total monthly income runs $4,204/mo. Return on cash invested measures 9.03% in year one, and rental yield registers 3.32% at a $1,520,000 basis. Equity gained on principal adds $9,808/yr, and annual property appreciation at 5% supports $419,948 by year five. Five-year ROI tracks 43.91% and total cumulative return in cash totals $216,254. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,204/mo property income relative to a $7,440/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
4.84 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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