470 Burns Ave.IgnacioCO81137
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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 470 Burns Ave, Ignacio, CO, 81137 with 5% annual appreciation on a $715,000 basis while $0/mo rent supports operations. 2% in year one. Equity gained on principal adds $4,614/yr, and five-year appreciation sums $197,541 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $3,500/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1973
0.44 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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