73 Cardinal LnGlenwood SpringsCO81601
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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 Glenwood Springs at 73 Cardinal Ln, Glenwood Springs, CO, 81601 with 5% annual appreciation on a $972,000 basis while $5,773/mo rent supports operations. Total monthly income totals $5,773/mo and a $4,757/mo payment preserves $109/mo for cash returns. Annual cash flow comes to $1,306/yr on $319,788 deployed, and return on cash invested reaches 20.47% in year one. Equity gained on principal adds $6,272/yr, and five-year appreciation sums $268,546 alongside rental yield of 7.13%. Five-year ROI measures 105.33% and total cumulative return in cash totals $336,825.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,773/mo property income versus a $4,757/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81601, Glenwood Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,173 (100%) |
| Owner Occupied HU | 3,716 (51.8%) |
| Renter Occupied HU | 2,820 (39.3%) |
| Vacant Housing Units | 637 ( 8.9%) |
| Median Home Value | $798,396 |
| Average Home Value | $888,818 |
Housing Distribution
Address Breakdown
Residential
6,731
Single Family
5,451
Multi-Family
1,280
Businesses
823
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Listed by: Sam Augustine • Compass Aspen
Mls Name: AGSMLS
Mls ID: #188958
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.