117 M And M Ln #5DSalidaCO81201
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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 Salida at 117 M And M Ln #5D, Salida, CO, 81201 earns $26/mo cash flow from $2,940/mo rent with a $2,447/mo payment. Total monthly income totals $2,940/mo, and annual cash flow totals $316/yr on $165,750 capital. ROI tracks 20.1% on current figures, and rental yield reads 7.06% at a $500,000 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 over five years. Five-year ROI reaches 103.4% and total cumulative return in cash sums $171,392. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,940/mo property income instead of your personal income.
Condo
Built in 2008
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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