746 Edgewood RdAlmaCO80420
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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 Alma at 746 Edgewood Rd, Alma, CO, 80420 priced at $500,000 pairs $2,819/mo rent with after a $2,447/mo payment. Total monthly income equals $2,819/mo. Return on cash invested is 19.22% in year one, and rental yield stands at 6.77% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 98.71% and total cumulative return in cash reaches $163,604. For financing, Ziffy Mortgage’s DSCR program evaluates $2,819/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1977
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80420, Alma, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 681 (100%) |
| Owner Occupied HU | 261 (38.3%) |
| Renter Occupied HU | 101 (14.8%) |
| Vacant Housing Units | 319 (46.8%) |
| Median Home Value | $485,938 |
| Average Home Value | $538,774 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
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Listed by: Deena Heppner • Summit Real Estate
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1053548
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