110 2Nd StreetPaoniaCO81428
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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
Investment property for sale in Paonia at 110 2Nd Street, Paonia, CO, 81428 uses $129,285 cash to close to unlock $5,616/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $2,741/mo, and a $1,909/mo payment keeps the spread at $468/mo. Purchase price stands at $390,000, and rental yield measures 8.43% with $2,741/mo rent. Return on cash invested shows 24.25% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 125.65% and total cumulative return in cash records $162,440. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,741/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 1973
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81428, Paonia, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,982 (100%) |
| Owner Occupied HU | 1,237 (62.4%) |
| Renter Occupied HU | 438 (22.1%) |
| Vacant Housing Units | 307 (15.5%) |
| Median Home Value | $469,497 |
| Average Home Value | $517,053 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,162
Multi-Family
0
Businesses
201
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Listed by: Lori Mason • Lori Mason, Independent Broker
Mls Name: CREN
Mls Provider:
Mls ID: #825014
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.