57 Cedar DrivePaoniaCO81428
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.97% gross rental yield, 57 Cedar Drive, Paonia, CO, 81428 in Paonia is priced for capital growth, not immediate cash flow. The $659,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $182,318 by year five, with $6,078/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.92) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $177,706.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5% | 8.0% |
| Monthly Cash Flow | $(1,112) | $1,200 |
City averages based on Paonia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,734 |
| Total Monthly Debt Service | $3,583 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 1985
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81428, Paonia, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,982 (100%) |
| Owner Occupied HU | 1,237 (62.4%) |
| Renter Occupied HU | 438 (22.1%) |
| Vacant Housing Units | 307 (15.5%) |
| Median Home Value | $469,497 |
| Average Home Value | $517,053 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,162
Multi-Family
0
Businesses
201
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
Single Family
Built in 1985
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81428, Paonia, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,982 (100%) |
| Owner Occupied HU | 1,237 (62.4%) |
| Renter Occupied HU | 438 (22.1%) |
| Vacant Housing Units | 307 (15.5%) |
| Median Home Value | $469,497 |
| Average Home Value | $517,053 |
Housing Distribution
Address Breakdown
Residential
1,162
Single Family
1,162
Multi-Family
0
Businesses
201
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices