254 Leon StreetDeltaCO81416
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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 Delta at 254 Leon Street, Delta, CO, 81416 offers $1,834/mo rent that, after a $1,055/mo payment, leaves $578/mo cash flow. Total monthly income is $1,834/mo, and annual cash flow is $6,933/yr on $71,471 cash. Return on cash invested measures 29.61% in year one, and rental yield stands at 10.21% at a $215,600 entry. Equity gained on principal adds $1,391/yr while 5% annual appreciation compounds into $59,566 by year five. Five-year ROI records 154.4% and total cumulative return in cash reaches $110,350. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,834/mo property income versus a $1,055/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
0.30 Acres 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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Listed by: Julia Seglund • Canyon Creek Realty, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #825214
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.