301 S Canal StManzanolaCO81058
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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 Manzanola at 301 S Canal St, Manzanola, CO, 81058 generates $1,114/mo in rent and, after a $690/mo payment, leaves $292/mo in cash flow. Total monthly income is $1,114/mo, and annual cash flow is $3,510/yr on $46,708 invested. Return on cash invested sits at 27.42% in year one, and rental yield is 9.49% on a $140,900 entry. Equity gained on principal adds $909/yr, while 5% annual appreciation builds toward $38,928 over five years. Five-year ROI reaches 142.7% and total cumulative return in cash sums $66,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,114/mo property income rather than buyer’s personal income.
Single Family
Built in 1898
6,229 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81058, Manzanola, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 426 (100%) |
| Owner Occupied HU | 249 (58.5%) |
| Renter Occupied HU | 104 (24.4%) |
| Vacant Housing Units | 73 (17.1%) |
| Median Home Value | $233,750 |
| Average Home Value | $292,691 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
27
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Listed by: Tawny Wilson • The Hancock Group
Mls Name: PAR
Mls Provider:
Mls ID: #222201
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.