115 Cedar Canyon RdWalsenburgCO81089
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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 Walsenburg at 115 Cedar Canyon Rd, Walsenburg, CO, 81089 generates $4,145/mo in rent, after a $3,671/mo payment. Total monthly income is $4,145/mo. Return on cash invested sits at 18.96% in year one, and rental yield is 6.63% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 97.24% and total cumulative return in cash sums $239,934. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,145/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
35.82 sqft 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
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Listed by: Lori E. Cordova • Bachman & Associates
Mls Name: Spanish Peaks BOR
Mls ID: #25-1090