21 Chico CaminoMonte VistaCO81144
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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 Monte Vista at 21 Chico Camino, Monte Vista, CO, 81144 priced at $255,000 converts $2,168/mo rent into $682/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,168/mo, and annual cash flow totals $8,184/yr on $84,533 invested. Return on cash invested prints 29.59% in year one, and rental yield reads 10.2% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 154.27% and total cumulative return in cash sums $130,412. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,168/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81144, Monte Vista, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 1,905 (59.2%) |
| Renter Occupied HU | 1,019 (31.6%) |
| Vacant Housing Units | 296 ( 9.2%) |
| Median Home Value | $248,318 |
| Average Home Value | $311,286 |
Housing Distribution
Address Breakdown
Residential
2,954
Single Family
2,875
Multi-Family
79
Businesses
381
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Listed by: Kristy Miller • Millerstone Real Estate Group, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #824166
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.