40005 Cedar DrivePaoniaCO81428
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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 Paonia at 40005 Cedar Drive, Paonia, CO, 81428 listed at $421,000 pairs $2,912/mo rent with a $2,061/mo payment to leave $458/mo cash flow. Total monthly income runs $2,912/mo, and annual cash flow reaches $5,497/yr on $139,562 cash to close. Return on cash invested measures 23.85% in year one, and rental yield registers 8.3% at a $421,000 basis. Equity gained on principal adds $2,717/yr, and annual property appreciation at 5% supports $116,315 by year five. Five-year ROI tracks 123.52% and total cumulative return in cash totals $172,389. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,912/mo property income relative to a $2,061/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81428, Paonia, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,982 (100%) |
| Owner Occupied HU | 1,237 (62.4%) |
| Renter Occupied HU | 438 (22.1%) |
| Vacant Housing Units | 307 (15.5%) |
| Median Home Value | $469,497 |
| Average Home Value | $517,053 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,162
Multi-Family
0
Businesses
201
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Listed by: Mike Jackson • WesternColoradoRealty.com
Mls Name: CREN
Mls Provider:
Mls ID: #823799
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.