639 Madison StreetMonte VistaCO81144
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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 Monte Vista at 639 Madison Street, Monte Vista, CO, 81144 offers $1,987/mo rent that, after a $974/mo payment, leaves $827/mo cash flow. Total monthly income is $1,987/mo, and annual cash flow is $9,927/yr on $65,969 cash. Return on cash invested measures 34.96% in year one, and rental yield stands at 11.98% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 183.13% and total cumulative return in cash reaches $120,810. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,987/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.51 Acres 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
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Listed by: Kristy Miller • Millerstone Real Estate Group, LLC
Mls Name: CREN
Mls ID: #828704