1017 County Road 521.3WalsenburgCO81089
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
Total monthly income runs $2,072/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 3.83% with $2,072/mo rent. Return on cash invested shows 10.43% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 51.53% and total cumulative return in cash records $110,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,072/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2006
38.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81089, Walsenburg, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,751 (100%) |
| Owner Occupied HU | 1,511 (54.9%) |
| Renter Occupied HU | 716 (26.0%) |
| Vacant Housing Units | 524 (19.0%) |
| Median Home Value | $297,263 |
| Average Home Value | $373,240 |
Housing Distribution
Address Breakdown
Residential
2,078
Single Family
2,078
Multi-Family
0
Businesses
253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Arica Andreatta • Code of the West Real Estate LLC
Mls Name: Spanish Peaks BOR
Mls ID: #26-25