2343 Highway 140HesperusCO81326
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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
Total monthly income runs $3,858/mo, and a $4,890/mo payment. Purchase price stands at $999,000, and rental yield measures 4.63% with $3,858/mo rent. Return on cash invested shows 12.89% in year one, and 5% annual appreciation builds toward $276,005 over five years. Five-year ROI reaches 64.68% and total cumulative return in cash records $212,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,858/mo property income covering a $4,890/mo payment rather than investor’s personal income.
Single Family
Built in 1988
35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81326, Hesperus, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,133 (100%) |
| Owner Occupied HU | 814 (71.8%) |
| Renter Occupied HU | 175 (15.4%) |
| Vacant Housing Units | 144 (12.7%) |
| Median Home Value | $576,923 |
| Average Home Value | $630,998 |
Housing Distribution
Address Breakdown
Residential
953
Single Family
953
Multi-Family
0
Businesses
23
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Listed by: Max Hutcheson • The Wells Group of Durango, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #822298
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.