87 Which WayRidgwayCO81432
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
Investment property for sale in Ridgway at 87 Which Way, Ridgway, CO, 81432 with 5% annual appreciation on a $1,329,000 basis while $4,202/mo rent supports operations. 49% in year one. Equity gained on principal adds $8,576/yr, and five-year appreciation sums $367,178 alongside rental yield of 3.79%. Five-year ROI measures 51.78% and total cumulative return in cash totals $222,948. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,202/mo property income versus a $6,505/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
42.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81432, Ridgway, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,352 (100%) |
| Owner Occupied HU | 1,231 (52.3%) |
| Renter Occupied HU | 461 (19.6%) |
| Vacant Housing Units | 660 (28.1%) |
| Median Home Value | $816,270 |
| Average Home Value | $943,712 |
Housing Distribution
Address Breakdown
Residential
1,351
Single Family
1,351
Multi-Family
0
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices