341 Evans AveParachuteCO81635
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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 341 Evans Ave, Parachute, CO, 81635 generates $3,199/mo in rent and, after a $1,586/mo payment, leaves $1,311/mo in cash flow. Total monthly income is $3,199/mo, and annual cash flow is $15,727/yr on $107,406 invested. Return on cash invested sits at 34.55% in year one, and rental yield is 11.85% on a $324,000 entry. Equity gained on principal adds $2,091/yr, while 5% annual appreciation builds toward $89,515 over five years. Five-year ROI reaches 180.91% and total cumulative return in cash sums $194,303. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,199/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
6,969 sqft lot
$N/A/sqft
No 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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