38 Chesterfield PlIgnacioCO81137
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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 Ignacio at 38 Chesterfield Pl, Ignacio, CO, 81137 offers a 7.05% rental yield on a $629,000 purchase with $3,695/mo rent. Total monthly income registers $3,695/mo, and a $3,079/mo payment leaves $29/mo available for distribution. Annual cash flow reaches $347/yr on $206,941 to close, and return on cash invested stands at 20.23% in year one. Equity gained on principal adds $4,059/yr while 5% annual appreciation supports $173,781 over five years. Portfolio math shows five-year ROI at 104.03% and total cumulative return in cash at $215,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,695/mo property income against a $3,079/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81137, Ignacio, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,228 (100%) |
| Owner Occupied HU | 1,416 (63.6%) |
| Renter Occupied HU | 587 (26.3%) |
| Vacant Housing Units | 225 (10.1%) |
| Median Home Value | $574,265 |
| Average Home Value | $643,316 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,261
Multi-Family
25
Businesses
121
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Listed by: Tel Coleman • eXp Realty, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #821402
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.