17469 Farmers Mine RdPaoniaCO81428
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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 Paonia at 17469 Farmers Mine Rd, Paonia, CO, 81428 earns from $3,338/mo rent with a $3,862/mo payment. Total monthly income totals $3,338/mo. ROI tracks 14.23% on current figures, and rental yield reads 5.08% at a $789,000 purchase. Equity gained on principal adds $5,091/yr, and 5% annual appreciation supports $217,986 over five years. Five-year ROI reaches 71.9% and total cumulative return in cash sums $186,634. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,338/mo property income instead of your personal income.
Single Family
Built in 1980
2.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81428, Paonia, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,982 (100%) |
| Owner Occupied HU | 1,237 (62.4%) |
| Renter Occupied HU | 438 (22.1%) |
| Vacant Housing Units | 307 (15.5%) |
| Median Home Value | $469,497 |
| Average Home Value | $517,053 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,162
Multi-Family
0
Businesses
201
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Listed by: Denice Niethammer • The Resource Group, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #820192
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.