980 SE Fairway DrCedaredgeCO81413
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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 Cedaredge at 980 SE Fairway Dr, Cedaredge, CO, 81413 generates $3,080/mo in rent, after a $3,862/mo payment. Total monthly income is $3,080/mo. Return on cash invested sits at 12.83% in year one, and rental yield is 4.68% on a $789,000 entry. Equity gained on principal adds $5,091/yr, while 5% annual appreciation builds toward $217,986 over five years. Five-year ROI reaches 64.46% and total cumulative return in cash sums $167,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,080/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
N/A lot
$N/A/sqft
$540 annually 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: N/A • NEEDLEROCK MOUNTAIN REALTY & LANDS, LLC
Mls Name: GJARA
Mls ID: #20254049
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.