59 Iron Horse RdCarbondaleCO81623
Nearby investment properties with comparable rents
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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 Carbondale at 59 Iron Horse Rd, Carbondale, CO, 81623 priced at $1,690,000 pairs $5,591/mo rent with after a $8,272/mo payment. Total monthly income equals $5,591/mo. Return on cash invested is 10.67% in year one, and rental yield stands at 3.97% on a $1,690,000 basis. Equity gained on principal adds $10,905/yr, and 5% annual appreciation accumulates to $466,916 by year five. Five-year ROI measures 52.86% and total cumulative return in cash reaches $289,416. For financing, Ziffy Mortgage’s DSCR program evaluates $5,591/mo property income against a $8,272/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2005
0.50 Acres lot
$N/A/sqft
$167 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81623, Carbondale, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,122 (100%) |
| Owner Occupied HU | 4,159 (58.4%) |
| Renter Occupied HU | 2,079 (29.2%) |
| Vacant Housing Units | 884 (12.4%) |
| Median Home Value | $942,676 |
| Average Home Value | $1,129,471 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,688
Multi-Family
676
Businesses
784
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Listed by: Maria Wimmer • Coldwell Banker Mason Morse-Carbondale
Mls Name: AGSMLS
Mls ID: #187974
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.