403 Canal StManzanolaCO81058
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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 Manzanola at 403 Canal St, Manzanola, CO, 81058 offers a 9.31% rental yield on a $149,000 purchase with $1,156/mo rent. Total monthly income registers $1,156/mo, and a $729/mo payment leaves $288/mo available for distribution. Annual cash flow reaches $3,455/yr on $49,394 to close, and return on cash invested stands at 26.9% in year one. Equity gained on principal adds $961/yr while 5% annual appreciation supports $41,166 over five years. Portfolio math shows five-year ROI at 139.87% and total cumulative return in cash at $69,088. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,156/mo property income against a $729/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1998
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81058, Manzanola, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 426 (100%) |
| Owner Occupied HU | 249 (58.5%) |
| Renter Occupied HU | 104 (24.4%) |
| Vacant Housing Units | 73 (17.1%) |
| Median Home Value | $233,750 |
| Average Home Value | $292,691 |
Housing Distribution
Address Breakdown
Residential
230
Single Family
230
Multi-Family
0
Businesses
27
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Listed by: Gabriel Martinez • HomeSmart Preferred Realty
Mls Name: PAR
Mls Provider:
Mls ID: #228338
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.