2018 E Ballard AveSiltCO81652
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2018 E Ballard Ave, Silt, CO, 81652 in Silt: $4,032/mo in rent, $1,002/mo in net income, 9.31% gross yield, 1.72 DSCR, all at $519,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $143,639 in appreciation and $4,788/yr in principal paydown projects total cumulative return of $260,794.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 8.0% |
| Monthly Cash Flow | $1,002 | $1,200 |
City averages based on Silt market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,032 |
| Total Monthly Debt Service | $2,823 |
| DSCR Ratio | 1.43x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Townhouse
Built in 2017
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81652, Silt, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,104 (100%) |
| Owner Occupied HU | 1,584 (75.3%) |
| Renter Occupied HU | 431 (20.5%) |
| Vacant Housing Units | 89 ( 4.2%) |
| Median Home Value | $593,074 |
| Average Home Value | $707,708 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,973
Multi-Family
17
Businesses
225
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
Townhouse
Built in 2017
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81652, Silt, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,104 (100%) |
| Owner Occupied HU | 1,584 (75.3%) |
| Renter Occupied HU | 431 (20.5%) |
| Vacant Housing Units | 89 ( 4.2%) |
| Median Home Value | $593,074 |
| Average Home Value | $707,708 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,973
Multi-Family
17
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices