8437 N County Road 6 EMonte VistaCO81144
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 8437 N County Road 6 E, Monte Vista, CO, 81144 in Monte Vista worth modelling. At $395,000 with a 7.27% gross yield, the $2,393/mo rent leaves $91/mo after the $1,776/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.35 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $109,131 by year five; $3,638/yr in principal reduction adds further equity. Total projected return: $155,052.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 8.0% |
| Monthly Cash Flow | $91 | $300 |
City averages based on Monte Vista market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,393 |
| Total Monthly Debt Service | $2,145 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1989
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81144, Monte Vista, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 1,905 (59.2%) |
| Renter Occupied HU | 1,019 (31.6%) |
| Vacant Housing Units | 296 ( 9.2%) |
| Median Home Value | $248,318 |
| Average Home Value | $311,286 |
Housing Distribution
Address Breakdown
Residential
2,954
Single Family
2,875
Multi-Family
79
Businesses
381
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
Multi Family
Built in 1989
3.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81144, Monte Vista, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 1,905 (59.2%) |
| Renter Occupied HU | 1,019 (31.6%) |
| Vacant Housing Units | 296 ( 9.2%) |
| Median Home Value | $248,318 |
| Average Home Value | $311,286 |
Housing Distribution
Address Breakdown
Residential
2,954
Single Family
2,875
Multi-Family
79
Businesses
381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tracy Gosar • Legends Premier Properties
Mls Name: CREN
Mls Provider:
Mls ID: #812615
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.