1015 Grand AvenueDel norteCO81132
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
Rental property for sale in Del norte at 1015 Grand Avenue, Del norte, CO, 81132 offers $1,560/mo rent that, after a $832/mo payment, leaves $569/mo cash flow. Total monthly income is $1,560/mo, and annual cash flow is $6,832/yr on $56,355 cash. Return on cash invested measures 32.03% in year one, and rental yield stands at 11.01% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 167.45% and total cumulative return in cash reaches $94,365. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,560/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
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Nearby investment properties with comparable prices
Listed by: Leacia Martinez • eXp Realty, LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #1528509
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)