715 S Townsend AveMontroseCO81401
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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 Montrose at 715 S Townsend Ave, Montrose, CO, 81401 offers a 7.48% rental yield on a $288,000 purchase with $1,795/mo rent. Total monthly income registers $1,795/mo, and a $1,410/mo payment leaves $68/mo available for distribution. Annual cash flow reaches $816/yr on $95,472 to close, and return on cash invested stands at 20.76% in year one. Equity gained on principal adds $1,858/yr while 5% annual appreciation supports $79,569 over five years. Portfolio math shows five-year ROI at 107.16% and total cumulative return in cash at $102,312. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,795/mo property income against a $1,410/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
4,791 sqft 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
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Listed by: Leslie Gore • CENTURY 21 Elevated Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #820098
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.