01 / Property Detail

RICINUS RIDGE

21, Ricinus Ridge Drive , Rural Clearwater County, AB

$419,000

Residential · MLS® A2290499
3Bedrooms
2Bathrooms
1,996Sq Ft
1Garage
1996Year Built
02 / Overview

PROPERTY OVERVIEW

If you are looking for a quiet rural setting with incredible natural surroundings and close access to the west country forest and Crown Land-this ridge side property is perfect for you! A scenic wooded drive to the wooded frontage, and your own ravine which borders one side of the property-a natural setting where wildlife frequents. The home is situated on the edge of a ridge with sweeping south facing views and a focus on being...

03 / Details

PROPERTY DETAILS

Property TypeResidential
Building TypeManufactured House
Total Finished Area1,996 sq ft
Lot Size91,911 sq ft
ZoningCR
HeatingForced Air • Natural Gas • Wood • Wood Stove
CoolingNone
ParkingSingle Garage Attached
ExteriorFire Pit • Private Yard
BasementNone
Year Built1996
04 / Investment

INVESTMENT ANALYSIS

Est. Monthly Cash Flow+$1,786After mortgage & expenses
Cap Rate9.6%Based on market rents
Cash on Cash Return25.6%With 20% down payment
Est. Monthly Rent$3,643Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location

RICINUS RIDGE

Loading map...
Investment ScoreN/A
Avg Home PriceN/A
Active ListingsN/A

Community statistics are being updated. Check back soon for detailed insights.

Listed by Jake Christensen · CIR Realty