103 Bacon Ct APT 3PalisadeCO81526
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 103 Bacon Ct APT 3, Palisade, CO, 81526 in Palisade worth modelling. At $249,000 with a 8.1% gross yield, the $1,680/mo rent leaves $54/mo after the $1,120/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.50 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $68,794 by year five; $2,293/yr in principal reduction adds further equity. Total projected return: $98,265.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 7.0% |
| Monthly Cash Flow | $54 | $1,200 |
City averages based on Palisade market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,680 |
| Total Monthly Debt Service | $1,527 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1979
871.20 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81526, Palisade, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,570 (100%) |
| Owner Occupied HU | 1,795 (69.8%) |
| Renter Occupied HU | 635 (24.7%) |
| Vacant Housing Units | 140 ( 5.4%) |
| Median Home Value | $489,538 |
| Average Home Value | $536,948 |
Housing Distribution
Address Breakdown
Residential
2,080
Single Family
2,062
Multi-Family
18
Businesses
166
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
Townhouse
Built in 1979
871.20 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81526, Palisade, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,570 (100%) |
| Owner Occupied HU | 1,795 (69.8%) |
| Renter Occupied HU | 635 (24.7%) |
| Vacant Housing Units | 140 ( 5.4%) |
| Median Home Value | $489,538 |
| Average Home Value | $536,948 |
Housing Distribution
Address Breakdown
Residential
2,080
Single Family
2,062
Multi-Family
18
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • RE/MAX 4000, INC
Mls Name: GJARA
Mls ID: #20251685
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.