346 Cedar RdDel NorteCO81132
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 346 Cedar Rd, Del Norte, CO, 81132 in Del Norte deserves attention. This $467,900 property earns $3,925/mo in rent, a 10.07% gross yield, and nets $1,198/mo after the $2,104/mo payment. DSCR 1.87 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $129,272 compounds alongside $4,309/yr in yearly equity build, for a total cumulative return of $253,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.2% |
| Monthly Cash Flow | $1,198 | $300 |
City averages based on Del Norte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,925 |
| Total Monthly Debt Service | $2,541 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
2.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
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
Single Family
Built in 1999
2.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices