219 Minnesota AvePaoniaCO81428
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
Investment property for sale in Paonia at 219 Minnesota Ave, Paonia, CO, 81428 with 5% annual appreciation on a $398,000 basis while $2,150/mo rent supports operations. 37% in year one. Equity gained on principal adds $2,568/yr, and five-year appreciation sums $109,960 alongside rental yield of 6.48%. Five-year ROI measures 94.11% and total cumulative return in cash totals $124,164. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,150/mo property income versus a $1,948/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
6,098 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Geisler • RE/MAX Mountain West/Paonia
Mls Name: CREN
Mls Provider:
Mls ID: #818440
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.