677 Cedar Ridge CirEstes ParkCO80517
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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 Estes Park at 677 Cedar Ridge Cir, Estes Park, CO, 80517 generates $3,265/mo in rent, after a $3,671/mo payment. Total monthly income is $3,265/mo. Return on cash invested sits at 12.61% in year one, and rental yield is 5.22% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 63.96% and total cumulative return in cash sums $157,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,265/mo property income rather than buyer’s personal income.
Condo
Built in 2001
2,604 sqft lot
$N/A/sqft
$425 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80517, Estes Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,649 (100%) |
| Owner Occupied HU | 3,060 (40.0%) |
| Renter Occupied HU | 1,396 (18.3%) |
| Vacant Housing Units | 3,193 (41.7%) |
| Median Home Value | $730,165 |
| Average Home Value | $832,833 |
Housing Distribution
Address Breakdown
Residential
5,225
Single Family
5,165
Multi-Family
60
Businesses
771
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Listed by: Elizabeth Lanning • RE/MAX Mountain Brokers
Mls Name: IRES
Mls Provider:
Mls ID: #1040791
Disclaimer: Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules Copyright IRES. Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.