501 2nd StreetSaguacheCO81149
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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 Saguache at 501 2nd Street, Saguache, CO, 81149 priced at $545,000 pairs $2,504/mo rent with after a $2,668/mo payment. Total monthly income equals $2,504/mo. Return on cash invested is 15.56% in year one, and rental yield stands at 5.51% on a $545,000 basis. Equity gained on principal adds $3,517/yr, and 5% annual appreciation accumulates to $150,573 by year five. Five-year ROI measures 79.01% and total cumulative return in cash reaches $141,672. For financing, Ziffy Mortgage’s DSCR program evaluates $2,504/mo property income against a $2,668/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1908
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81149, Saguache, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 672 (100%) |
| Owner Occupied HU | 349 (51.9%) |
| Renter Occupied HU | 122 (18.2%) |
| Vacant Housing Units | 201 (29.9%) |
| Median Home Value | $176,786 |
| Average Home Value | $372,858 |
Housing Distribution
Address Breakdown
Residential
121
Single Family
120
Multi-Family
1
Businesses
49
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Listed by: Anne Nielsen • Nielsen Real Estate LLC
Mls Name: CREN
Mls Provider:
Mls ID: #823684
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.