15 S Garfield StreetRicoCO81332
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 15 S Garfield Street, Rico, CO, 81332 in Rico at $1,150,000, 3.33% gross yield, is a market-growth asset. Rental yield 3.33%. The $3,188/mo rent partially funds the $5,171/mo debt service; the core return is the 5%/yr price growth projected to add $317,724 over five years. Ziffy Mortgage's DSCR mortgage (0.62) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $208,142.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 6.5% |
| Monthly Cash Flow | $(3,514) | $300 |
City averages based on Rico market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,188 |
| Total Monthly Debt Service | $6,244 |
| DSCR Ratio | 0.51x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1994
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81332, Rico, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 108 (47.4%) |
| Renter Occupied HU | 38 (16.7%) |
| Vacant Housing Units | 82 (36.0%) |
| Median Home Value | $596,154 |
| Average Home Value | $581,528 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1994
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81332, Rico, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 108 (47.4%) |
| Renter Occupied HU | 38 (16.7%) |
| Vacant Housing Units | 82 (36.0%) |
| Median Home Value | $596,154 |
| Average Home Value | $581,528 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
18
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices