740 E 3rd StRifleCO81650
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 Rifle at 740 E 3rd St, Rifle, CO, 81650 generates $2,794/mo in rent and, after a $1,309/mo payment, leaves $1,235/mo in cash flow. Total monthly income is $2,794/mo, and annual cash flow is $14,824/yr on $88,676 invested. Return on cash invested sits at 36.63% in year one, and rental yield is 12.53% on a $267,500 entry. Equity gained on principal adds $1,726/yr, while 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 192.05% and total cumulative return in cash sums $170,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,794/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81650, Rifle, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,111 (100%) |
| Owner Occupied HU | 3,084 (60.3%) |
| Renter Occupied HU | 1,779 (34.8%) |
| Vacant Housing Units | 248 ( 4.9%) |
| Median Home Value | $411,789 |
| Average Home Value | $440,434 |
Housing Distribution
Address Breakdown
Residential
5,075
Single Family
4,490
Multi-Family
585
Businesses
753
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Ann Ebeler • VIP Investments
Mls Name: AGSMLS
Mls ID: #189010
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.