103 Bacon Ct APT 3PalisadeCO81526
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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
Rental property for sale in Palisade at 103 Bacon Ct APT 3, Palisade, CO, 81526 priced at $249,000 pairs $1,680/mo rent with $54/mo cash flow after a $1,219/mo payment. Total monthly income equals $1,680/mo, and annual cash flow comes to $643/yr on $82,544 invested. Return on cash invested is 20.69% in year one, and rental yield stands at 8.1% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 107.5% and total cumulative return in cash reaches $88,736. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
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
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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.