363 W 5th StPalisadeCO81526
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 Palisade at 363 W 5th St, Palisade, CO, 81526 priced at $475,000 converts $1,769/mo rent into after a $2,325/mo obligation. Total monthly income equals $1,769/mo. Return on cash invested prints 12.29% in year one, and rental yield reads 4.47% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 61.53% and total cumulative return in cash sums $96,883. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,769/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1905
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81526, Palisade, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,570 (100%) |
| Owner Occupied HU | 1,795 (69.8%) |
| Renter Occupied HU | 635 (24.7%) |
| Vacant Housing Units | 140 ( 5.4%) |
| Median Home Value | $489,538 |
| Average Home Value | $536,948 |
Housing Distribution
Address Breakdown
Residential
2,080
Single Family
2,062
Multi-Family
18
Businesses
166
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • EXP REALTY, LLC
Mls Name: GJARA
Mls ID: #20251204
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.