711 Holman CourtSalidaCO81201
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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
Rental property for sale in Salida at 711 Holman Court, Salida, CO, 81201 priced at $439,000 converts $3,188/mo rent into $596/mo cash flow after a $2,149/mo obligation. Total monthly income equals $3,188/mo, and annual cash flow totals $7,151/yr on $145,529 invested. Return on cash invested prints 24.82% in year one, and rental yield reads 8.71% against a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation compiles into $121,288 by year five. Five-year ROI reaches 128.81% and total cumulative return in cash sums $187,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,188/mo property income covering a $2,149/mo payment, not borrower’s personal income.
Townhouse
Built in 2023
6,098 sqft lot
$N/A/sqft
$400 annually 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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Listed by: Stacy Lowe • Pinon Real Estate Group LLC
Mls Name: REcolorado
Mls Provider:
Mls ID: #2425671
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](/info/mls-disclaimers/#17059)