709 E 3rd StreetDeltaCO81416
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
Investment Highlights
Investment property for sale in Delta at 709 E 3rd Street, Delta, CO, 81416 offers a 8.57% rental yield on a $231,960 purchase with $1,656/mo rent. Total monthly income registers $1,656/mo, and a $1,135/mo payment leaves $305/mo available for distribution. Annual cash flow reaches $3,654/yr on $76,895 to close, and return on cash invested stands at 24.66% in year one. Equity gained on principal adds $1,497/yr while 5% annual appreciation supports $64,086 over five years. Portfolio math shows five-year ROI at 127.87% and total cumulative return in cash at $98,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,656/mo property income against a $1,135/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81416, Delta, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,190 (100%) |
| Owner Occupied HU | 3,990 (64.5%) |
| Renter Occupied HU | 1,766 (28.5%) |
| Vacant Housing Units | 434 ( 7.0%) |
| Median Home Value | $353,707 |
| Average Home Value | $437,196 |
Housing Distribution
Address Breakdown
Residential
5,770
Single Family
5,611
Multi-Family
159
Businesses
631
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Paul • Real Broker, LLC DBA Real
Mls Name: CREN
Mls Provider:
Mls ID: #824109
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.