660 Oak StreetDel NorteCO81132
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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 Del Norte at 660 Oak Street, Del Norte, CO, 81132 offers a 10.96% rental yield on a $200,000 purchase with $1,826/mo rent. Total monthly income registers $1,826/mo, and a $979/mo payment leaves $660/mo available for distribution. Annual cash flow reaches $7,924/yr on $66,300 to close, and return on cash invested stands at 31.86% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 166.51% and total cumulative return in cash at $110,396. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,826/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
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Listed by: Tammi Plane • Keller Williams Clients' Choice Realty
Mls Name: CREN
Mls Provider:
Mls ID: #824295
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.