29 Monument AvenuePagosa SpringsCO81147
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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 Pagosa Springs at 29 Monument Avenue, Pagosa Springs, CO, 81147 offers $3,208/mo rent that, after a $3,084/mo payment. Total monthly income is $3,208/mo. Return on cash invested measures 17.37% in year one, and rental yield stands at 6.11% at a $630,000 entry. Equity gained on principal adds $4,065/yr while 5% annual appreciation compounds into $174,057 by year five. Five-year ROI records 88.72% and total cumulative return in cash reaches $183,898. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,208/mo property income versus a $3,084/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81147, Pagosa Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,861 (100%) |
| Owner Occupied HU | 4,578 (46.4%) |
| Renter Occupied HU | 1,436 (14.6%) |
| Vacant Housing Units | 3,847 (39.0%) |
| Median Home Value | $544,963 |
| Average Home Value | $647,985 |
Housing Distribution
Address Breakdown
Residential
5,495
Single Family
5,488
Multi-Family
7
Businesses
690
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Listed by: Bill Kinsley • Galles Properties
Mls Name: CREN
Mls ID: #828637