6507 County Road 102 LOT 1SalidaCO81201
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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
Investment property for sale in Salida at 6507 County Road 102 LOT 1, Salida, CO, 81201 uses $44,753 cash to close to unlock $3,300/yr annual cash flow and $275/mo monthly cash flow. Total monthly income runs $1,062/mo, and a $661/mo payment keeps the spread at $275/mo. Purchase price stands at $135,000, and rental yield measures 9.44% with $1,062/mo rent. Return on cash invested shows 27.28% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 141.9% and total cumulative return in cash records $63,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,062/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No 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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