6998 County Rd #U29RedvaleCO81431
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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 Redvale at 6998 County Rd #U29, Redvale, CO, 81431 generates $2,292/mo in rent, after a $4,772/mo payment. Total monthly income is $2,292/mo. Return on cash invested sits at 7.38% in year one, and rental yield is 2.82% on a $975,000 entry. Equity gained on principal adds $6,292/yr, while 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 35.12% and total cumulative return in cash sums $112,671. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,292/mo property income rather than buyer’s personal income.
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
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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.