7620 Meadowlark DriveSalidaCO81201
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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
Total monthly income runs $3,000/mo, and a $4,400/mo payment. Purchase price stands at $899,000, and rental yield measures 4% with $3,000/mo rent. Return on cash invested shows 10.83% in year one, and 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 53.71% and total cumulative return in cash records $158,866. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $4,400/mo payment rather than investor’s personal income.
Single Family
Built in 2008
2 Acres lot
$N/A/sqft
$425 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: Scott Ross • 8z Real Estate - ROCC
Mls Name: REcolorado
Mls Provider:
Mls ID: #3434317
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