3781 Granada Dr UNIT 29PalisadeCO81526
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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
Investment property for sale in Palisade at 3781 Granada Dr UNIT 29, Palisade, CO, 81526 offers a 9.22% rental yield on a $115,000 purchase with $884/mo rent. Total monthly income registers $884/mo, and a $563/mo payment leaves $214/mo available for distribution. Annual cash flow reaches $2,564/yr on $38,123 to close, and return on cash invested stands at 26.63% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 138.46% and total cumulative return in cash at $52,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $884/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1981
N/A 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
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