230,232,236,240 Short StreetDeltaCO81416
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play230,232,236,240 Short Street, Delta, CO, 81416 in Delta is priced for appreciation, not yield. Rental yield 2.64%. At $695,000 with a 2.64% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $192,016 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.46) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $87,258.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 5.2% |
| Monthly Cash Flow | $(2,519) | $300 |
City averages based on Delta market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,531 |
| Total Monthly Debt Service | $3,943 |
| DSCR Ratio | 0.39x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1970
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81416, Delta, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,190 (100%) |
| Owner Occupied HU | 3,990 (64.5%) |
| Renter Occupied HU | 1,766 (28.5%) |
| Vacant Housing Units | 434 ( 7.0%) |
| Median Home Value | $353,707 |
| Average Home Value | $437,196 |
Housing Distribution
Address Breakdown
Residential
5,770
Single Family
5,611
Multi-Family
159
Businesses
631
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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
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