6507 County Road 102 LOT 155SalidaCO81201
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 6507 County Road 102 LOT 155, Salida, CO, 81201 in Salida hard to pass up. The 15.77% gross yield on a $140,000 purchase results in $1,840/mo in rent and $1,024/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.92). Annual cash flow of $12,284, five-year appreciation of $38,679, and $1,289/yr in equity build-up combine for a projected total cumulative return of $118,764.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.8% | 6.0% |
| Monthly Cash Flow | $1,024 | $1,500 |
City averages based on Salida market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,840 |
| Total Monthly Debt Service | $760 |
| DSCR Ratio | 2.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 2023
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
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
Manufactured
Built in 2023
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: K. Hale Camp • Pinon Real Estate Group LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #7180295
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)