1488 County Road 509IgnacioCO81137
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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 Ignacio at 1488 County Road 509, Ignacio, CO, 81137 earns from $2,647/mo rent with a $2,692/mo payment. Total monthly income totals $2,647/mo. ROI tracks 16.36% on current figures, and rental yield reads 5.78% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 83.29% and total cumulative return in cash sums $150,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,647/mo property income instead of your personal income.
Single Family
Built in 2002
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81137, Ignacio, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,228 (100%) |
| Owner Occupied HU | 1,416 (63.6%) |
| Renter Occupied HU | 587 (26.3%) |
| Vacant Housing Units | 225 (10.1%) |
| Median Home Value | $574,265 |
| Average Home Value | $643,316 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,261
Multi-Family
25
Businesses
121
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