3781 Granada Dr UNIT 24PalisadeCO81526
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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 Palisade at 3781 Granada Dr UNIT 24, Palisade, CO, 81526 generates $991/mo in rent, after a $622/mo payment. Total monthly income is $991/mo. Return on cash invested sits at 8.38% in year one, and rental yield is 9.36% on a $127,000 entry. Equity gained on principal adds $820/yr, while 5% annual appreciation builds toward $35,088 over five years. Five-year ROI reaches 47.39% and total cumulative return in cash sums $19,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $991/mo property income rather than buyer’s personal income.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
$655 monthly 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
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Listed by: N/A • RONIN REAL ESTATE PROFESSIONALS ERA POWERED
Mls Name: GJARA
Mls ID: #20251000
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.