6375 Terrace LaneSalidaCO81201
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
Investment property for sale in Salida at 6375 Terrace Lane, Salida, CO, 81201 listed at $1,030,000 pairs $3,781/mo rent with a $5,041/mo payment. Total monthly income runs $3,781/mo. Return on cash invested measures 12.37% in year one, and rental yield registers 4.41% at a $1,030,000 basis. Equity gained on principal adds $6,646/yr, and annual property appreciation at 5% supports $284,570 by year five. Five-year ROI tracks 61.84% and total cumulative return in cash totals $206,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,781/mo property income relative to a $5,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
2.44 Acres lot
$N/A/sqft
$35 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81201, Salida, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,087 (100%) |
| Owner Occupied HU | 3,380 (55.5%) |
| Renter Occupied HU | 1,684 (27.7%) |
| Vacant Housing Units | 1,023 (16.8%) |
| Median Home Value | $660,007 |
| Average Home Value | $728,067 |
Housing Distribution
Address Breakdown
Residential
5,333
Single Family
5,286
Multi-Family
47
Businesses
913
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Listed by: Susan Hughes • Pinon Real Estate Group LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #8802876
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)