424 Shilo CourtDeltaCO81416
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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
Rental property for sale in Delta at 424 Shilo Court, Delta, CO, 81416 priced at $719,900 converts $3,053/mo rent into after a $3,524/mo obligation. Total monthly income equals $3,053/mo. Return on cash invested prints 14.27% in year one, and rental yield reads 5.09% against a $719,900 entry. Equity gained on principal adds $4,645/yr, while 5% annual appreciation compiles into $198,895 by year five. Five-year ROI reaches 72.1% and total cumulative return in cash sums $170,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,053/mo property income covering a $3,524/mo payment, not borrower’s personal income.
Single Family
Built in 2014
2.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81416, Delta, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,190 (100%) |
| Owner Occupied HU | 3,990 (64.5%) |
| Renter Occupied HU | 1,766 (28.5%) |
| Vacant Housing Units | 434 ( 7.0%) |
| Median Home Value | $353,707 |
| Average Home Value | $437,196 |
Housing Distribution
Address Breakdown
Residential
5,770
Single Family
5,611
Multi-Family
159
Businesses
631
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