680 Water St #12MeekerCO81641
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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 Meeker at 680 Water St #12, Meeker, CO, 81641 offers a 12.97% rental yield on a $135,000 purchase with $1,459/mo rent. Total monthly income registers $1,459/mo, and a $661/mo payment leaves $342/mo available for distribution. Annual cash flow reaches $4,104/yr on $44,753 to close, and return on cash invested stands at 29.08% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 154.75% and total cumulative return in cash at $69,253. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,459/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81641, Meeker, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,877 (100%) |
| Owner Occupied HU | 1,031 (54.9%) |
| Renter Occupied HU | 489 (26.1%) |
| Vacant Housing Units | 357 (19.0%) |
| Median Home Value | $337,689 |
| Average Home Value | $379,690 |
Housing Distribution
Address Breakdown
Residential
877
Single Family
877
Multi-Family
0
Businesses
225
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Listed by: Alex W Plumb • Alpine West Properties, LLC
Mls Name: AGSMLS
Mls ID: #185576
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.