10 Spruce CtParachuteCO81635
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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 Parachute at 10 Spruce Ct, Parachute, CO, 81635 with 5% annual appreciation on a $520,000 basis while $4,070/mo rent supports operations. Total monthly income totals $4,070/mo and a $2,545/mo payment preserves $996/mo for cash returns. Annual cash flow comes to $11,955/yr on $171,080 deployed, and return on cash invested reaches 27.05% in year one. Equity gained on principal adds $3,355/yr, and five-year appreciation sums $143,666 alongside rental yield of 9.39%. Five-year ROI measures 140.73% and total cumulative return in cash totals $240,767.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,070/mo property income versus a $2,545/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
0.26 Acres lot
$N/A/sqft
$521 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81635, Parachute, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,899 (100%) |
| Owner Occupied HU | 1,686 (58.2%) |
| Renter Occupied HU | 1,049 (36.2%) |
| Vacant Housing Units | 164 ( 5.7%) |
| Median Home Value | $328,049 |
| Average Home Value | $427,077 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
1,826
Multi-Family
859
Businesses
150
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Listed by: Shandice Churchill • Property Professionals
Mls Name: AGSMLS
Mls ID: #188720
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.