142 Wild Horse LaneDel NorteCO81132
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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 Del Norte at 142 Wild Horse Lane, Del Norte, CO, 81132 offers $3,186/mo rent that, after a $2,129/mo payment, leaves $651/mo cash flow. Total monthly income is $3,186/mo, and annual cash flow is $7,812/yr on $144,203 cash. Return on cash invested measures 25.33% in year one, and rental yield stands at 8.79% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 131.41% and total cumulative return in cash reaches $189,492. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,186/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
35.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
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Listed by: Larry Roberts • Roberts Group Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #823969
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.