164 Davis CirPalisadeCO81526
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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 Palisade at 164 Davis Cir, Palisade, CO, 81526 priced at $445,300 converts $2,196/mo rent into after a $2,180/mo obligation. Total monthly income equals $2,196/mo. Return on cash invested prints 16.66% in year one, and rental yield reads 5.92% against a $445,300 entry. Equity gained on principal adds $2,873/yr, while 5% annual appreciation compiles into $123,028 by year five. Five-year ROI reaches 84.96% and total cumulative return in cash sums $125,418. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,196/mo property income covering a $2,180/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81526, Palisade, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,570 (100%) |
| Owner Occupied HU | 1,795 (69.8%) |
| Renter Occupied HU | 635 (24.7%) |
| Vacant Housing Units | 140 ( 5.4%) |
| Median Home Value | $489,538 |
| Average Home Value | $536,948 |
Housing Distribution
Address Breakdown
Residential
2,080
Single Family
2,062
Multi-Family
18
Businesses
166
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