515 Christy AvenueSaguacheCO81149
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Saguache rentals match the income profile of 515 Christy Avenue, Saguache, CO, 81149. Listed at $179,900, gross rent is $1,597/mo and net cash flow is $549/mo, a 10.65% yield well above national averages. DSCR 1.97 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $49,703 by year five with $1,657/yr in annual principal reduction, projecting $103,294 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 7.0% |
| Monthly Cash Flow | $549 | $300 |
City averages based on Saguache market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,597 |
| Total Monthly Debt Service | $977 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1996
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1996
0.25 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices