28 Iron Wedge CirParachuteCO81635
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 Parachute at 28 Iron Wedge Cir, Parachute, CO, 81635 at $119,000 posts ROI 27.03% with $234/mo cash flow from $927/mo rent. Total monthly income equals $927/mo, and annual cash flow records $2,807/yr on $39,449 to close. Return on cash invested measures 27.03% and rental yield reads 9.35% at the current $119,000. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 by year five. Five-year ROI prints 140.52% and total cumulative return in cash totals $55,433.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $927/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2018
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81635, Parachute, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,899 (100%) |
| Owner Occupied HU | 1,686 (58.2%) |
| Renter Occupied HU | 1,049 (36.2%) |
| Vacant Housing Units | 164 ( 5.7%) |
| Median Home Value | $328,049 |
| Average Home Value | $427,077 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
1,826
Multi-Family
859
Businesses
150
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