108 Cotopaxi Lane #ASalidaCO81201
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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 Salida at 108 Cotopaxi Lane #A, Salida, CO, 81201 priced at $575,000 pairs $3,444/mo rent with $93/mo cash flow after a $2,814/mo payment. Total monthly income equals $3,444/mo, and annual cash flow comes to $1,120/yr on $189,175 invested. Return on cash invested is 20.65% in year one, and rental yield stands at 7.19% on a $575,000 basis. Equity gained on principal adds $3,710/yr, and 5% annual appreciation accumulates to $158,862 by year five. Five-year ROI measures 106.33% and total cumulative return in cash reaches $201,143. For financing, Ziffy Mortgage’s DSCR program evaluates $3,444/mo property income against a $2,814/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81201, Salida, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,087 (100%) |
| Owner Occupied HU | 3,380 (55.5%) |
| Renter Occupied HU | 1,684 (27.7%) |
| Vacant Housing Units | 1,023 (16.8%) |
| Median Home Value | $660,007 |
| Average Home Value | $728,067 |
Housing Distribution
Address Breakdown
Residential
5,333
Single Family
5,286
Multi-Family
47
Businesses
913
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