28 Snowberry PlParachuteCO81635
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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 Parachute at 28 Snowberry Pl, Parachute, CO, 81635 priced at $529,900 converts $3,443/mo rent into $312/mo cash flow after a $2,594/mo obligation. Total monthly income equals $3,443/mo, and annual cash flow totals $3,740/yr on $174,337 invested. Return on cash invested prints 22.21% in year one, and rental yield reads 7.8% against a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation compiles into $146,402 by year five. Five-year ROI reaches 114.76% and total cumulative return in cash sums $200,063. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,443/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 1996
10,454 sqft lot
$N/A/sqft
$513 annually 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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Listed by: Brandy Swanson • Keller Williams CO West Battlement Mesa
Mls Name: AGSMLS
Mls ID: #187408
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.