6998 County Rd #U29RedvaleCO81431
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 6998 County Rd #U29, Redvale, CO, 81431 in Redvale. Rental yield 2.82%. At $975,000 with 2.82% gross yield, current distributions are modest, but the 5% appreciation rate projects $269,375 in new equity by year five, complemented by $8,980/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.52) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $150,005.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.8% | 6.1% |
| Monthly Cash Flow | $(3,390) | $1,200 |
City averages based on Redvale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,292 |
| Total Monthly Debt Service | $5,294 |
| DSCR Ratio | 0.43x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
568 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81431, Redvale, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 261 (100%) |
| Owner Occupied HU | 137 (52.5%) |
| Renter Occupied HU | 48 (18.4%) |
| Vacant Housing Units | 76 (29.1%) |
| Median Home Value | $589,674 |
| Average Home Value | $767,737 |
Housing Distribution
Address Breakdown
Residential
29
Single Family
29
Multi-Family
0
Businesses
13
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
Single Family
Built in N/A
568 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81431, Redvale, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 261 (100%) |
| Owner Occupied HU | 137 (52.5%) |
| Renter Occupied HU | 48 (18.4%) |
| Vacant Housing Units | 76 (29.1%) |
| Median Home Value | $589,674 |
| Average Home Value | $767,737 |
Housing Distribution
Address Breakdown
Residential
29
Single Family
29
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keith Stephens • St. James Sporting Properties
Mls Name: CREN
Mls Provider:
Mls ID: #800738
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.