205 Two Rivers Road #ASalidaCO81201
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
Investment Highlights
Rental property for sale in Salida at 205 Two Rivers Road #A, Salida, CO, 81201 priced at $562,900 pairs $2,512/mo rent with after a $2,755/mo payment. Total monthly income equals $2,512/mo. Return on cash invested is 15.08% in year one, and rental yield stands at 5.36% on a $562,900 basis. Equity gained on principal adds $3,632/yr, and 5% annual appreciation accumulates to $155,519 by year five. Five-year ROI measures 76.45% and total cumulative return in cash reaches $141,580. For financing, Ziffy Mortgage’s DSCR program evaluates $2,512/mo property income against a $2,755/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81201, Salida, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,087 (100%) |
| Owner Occupied HU | 3,380 (55.5%) |
| Renter Occupied HU | 1,684 (27.7%) |
| Vacant Housing Units | 1,023 (16.8%) |
| Median Home Value | $660,007 |
| Average Home Value | $728,067 |
Housing Distribution
Address Breakdown
Residential
5,333
Single Family
5,286
Multi-Family
47
Businesses
913
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices