243 Faraday StMonte VistaCO81144
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 Monte Vista at 243 Faraday St, Monte Vista, CO, 81144 at $155,000 posts ROI 34.07% with $606/mo cash flow from $1,510/mo rent. Total monthly income equals $1,510/mo, and annual cash flow records $7,276/yr on $51,383 to close. Return on cash invested measures 34.07% and rental yield reads 11.69% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 178.39% and total cumulative return in cash totals $91,660.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,510/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1907
7,405 sqft 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: Larry Roberts • Roberts Group Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #822675
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.