515 Dennis StreetMonte VistaCO81144
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
Investment Highlights
Rental property for sale in Monte Vista at 515 Dennis Street, Monte Vista, CO, 81144 generates $2,152/mo in rent and, after a $1,512/mo payment, leaves $352/mo in cash flow. Total monthly income is $2,152/mo, and annual cash flow is $4,219/yr on $102,434 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 8.36% on a $309,000 entry. Equity gained on principal adds $1,994/yr, while 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 124.45% and total cumulative return in cash sums $127,481. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,152/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristy Miller • Millerstone Real Estate Group, LLC
Mls Name: CREN
Mls ID: #830938