405 1St AvenueMonte VistaCO81144
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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
Total monthly income runs $3,078/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 6.72% with $3,078/mo rent. Return on cash invested shows 19.22% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 98.62% and total cumulative return in cash records $178,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,078/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1907
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81144, Monte Vista, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 1,905 (59.2%) |
| Renter Occupied HU | 1,019 (31.6%) |
| Vacant Housing Units | 296 ( 9.2%) |
| Median Home Value | $248,318 |
| Average Home Value | $311,286 |
Housing Distribution
Address Breakdown
Residential
2,954
Single Family
2,875
Multi-Family
79
Businesses
381
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Listed by: Candice Hennigh • Schulz Realty LLC
Mls Name: CREN
Mls ID: #826596