68237 Highway 50MontroseCO81401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Montrose at 68237 Highway 50, Montrose, CO, 81401 generates $2,018/mo in rent, after a $3,915/mo payment. Total monthly income is $2,018/mo. Return on cash invested sits at 8.01% in year one, and rental yield is 3.03% on a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 38.51% and total cumulative return in cash sums $101,340. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,018/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
34.89 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Covington • RE/MAX Alpine View
Mls Name: CREN
Mls Provider:
Mls ID: #820592
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.