818 Bennett AveGlenwood 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 818 Bennett Ave, Glenwood Springs, CO, 81601 with 5% annual appreciation on a $730,000 basis while $3,437/mo rent supports operations. 98% in year one. Equity gained on principal adds $4,711/yr, and five-year appreciation sums $201,686 alongside rental yield of 5.65%. Five-year ROI measures 81.24% and total cumulative return in cash totals $195,122. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,437/mo property income versus a $3,573/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1898
4,791 sqft 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: Jeff Zimmerman • ERA New Age
Mls Name: AGSMLS
Mls ID: #189454