745 Cedar AvenueCedaredgeCO81413
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 Cedaredge at 745 Cedar Avenue, Cedaredge, CO, 81413 priced at $169,000 converts $1,313/mo rent into $328/mo cash flow after a $827/mo obligation. Total monthly income equals $1,313/mo, and annual cash flow totals $3,939/yr on $56,024 invested. Return on cash invested prints 26.94% in year one, and rental yield reads 9.32% against a $169,000 entry. Equity gained on principal adds $1,091/yr, while 5% annual appreciation compiles into $46,692 by year five. Five-year ROI reaches 140.16% and total cumulative return in cash sums $78,523. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,313/mo property income covering a $827/mo payment, not borrower’s personal income.
Manufactured
Built in 1973
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81413, Cedaredge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,175 (100%) |
| Owner Occupied HU | 2,064 (65.0%) |
| Renter Occupied HU | 549 (17.3%) |
| Vacant Housing Units | 562 (17.7%) |
| Median Home Value | $434,499 |
| Average Home Value | $516,771 |
Housing Distribution
Address Breakdown
Residential
2,578
Single Family
2,553
Multi-Family
25
Businesses
234
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Listed by: Jamie Goodvin • JPAR Modern Real Estate
Mls Name: REcolorado
Mls Provider:
Mls ID: #2295992
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