397 County Road 321IgnacioCO81137
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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 397 County Road 321, Ignacio, CO, 81137 earns $350/mo cash flow from $1,953/mo rent with a $1,346/mo payment. Total monthly income totals $1,953/mo, and annual cash flow totals $4,204/yr on $91,163 capital. ROI tracks 24.52% on current figures, and rental yield reads 8.52% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 127.12% and total cumulative return in cash sums $115,883. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,953/mo property income instead of your personal income.
Single Family
Built in 1918
2 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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