291 E 2nd StDeltaCO81416
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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
Investment property for sale in Delta at 291 E 2nd St, Delta, CO, 81416 at $353,000 posts ROI 20.42% with $50/mo cash flow from $2,107/mo rent. Total monthly income equals $2,107/mo, and annual cash flow records $594/yr on $117,020 to close. Return on cash invested measures 20.42% and rental yield reads 7.16% at the current $353,000. Equity gained on principal adds $2,278/yr, and 5% annual appreciation supports $97,527 by year five. Five-year ROI prints 105.11% and total cumulative return in cash totals $122,996.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,107/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
0.34 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: Kathryn Travers • RE/MAX Today
Mls Name: CREN
Mls Provider:
Mls ID: #820566
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.