Investing in Montrose County
Montrose County covers 4 rental markets we actively finance in Colorado — Montrose, Naturita, Nucla, Olathe. Across those markets the median investment basis averages $320,000, a long-term lease averages $2,625/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,030. That produces a county-wide average DSCR ratio near 1.32x.
Basis varies more inside Montrose County than the average suggests. Naturita is the lowest entry point at roughly $225,000, while Nucla currently models the strongest coverage ratio in the county at 1.42x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.