31 Hawthorne WayParachuteCO81635
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
Rental property for sale in Parachute at 31 Hawthorne Way, Parachute, CO, 81635 priced at $595,000 converts $4,058/mo rent into $548/mo cash flow after a $2,912/mo obligation. Total monthly income equals $4,058/mo, and annual cash flow totals $6,575/yr on $195,755 invested. Return on cash invested prints 23.42% in year one, and rental yield reads 8.18% against a $595,000 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation compiles into $164,388 by year five. Five-year ROI reaches 121.24% and total cumulative return in cash sums $237,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,058/mo property income covering a $2,912/mo payment, not borrower’s personal income.
Single Family
Built in 2004
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Binnian • Property Professionals
Mls Name: AGSMLS
Mls ID: #187863
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.