693 N 7th StSiltCO81652
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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 Silt at 693 N 7th St, Silt, CO, 81652 at $290,000 posts ROI 23.11% with $256/mo cash flow from $2,246/mo rent. Total monthly income equals $2,246/mo, and annual cash flow records $3,076/yr on $96,135 to close. Return on cash invested measures 23.11% and rental yield reads 9.29% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 120.91% and total cumulative return in cash totals $116,236.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,246/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1980
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81652, Silt, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,104 (100%) |
| Owner Occupied HU | 1,584 (75.3%) |
| Renter Occupied HU | 431 (20.5%) |
| Vacant Housing Units | 89 ( 4.2%) |
| Median Home Value | $593,074 |
| Average Home Value | $707,708 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,973
Multi-Family
17
Businesses
225
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Listed by: Kendall Rapp • Bray & Company, Inc - Rifle
Mls Name: AGSMLS
Mls ID: #187680
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.