845 Logan StPalisadeCO81526
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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 Palisade at 845 Logan St, Palisade, CO, 81526 offers $2,312/mo rent that, after a $2,068/mo payment. Total monthly income is $2,312/mo. Return on cash invested measures 18.62% in year one, and rental yield stands at 6.57% at a $422,500 entry. Equity gained on principal adds $2,726/yr while 5% annual appreciation compounds into $116,729 by year five. Five-year ROI records 95.46% and total cumulative return in cash reaches $133,704. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,312/mo property income versus a $2,068/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81526, Palisade, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,570 (100%) |
| Owner Occupied HU | 1,795 (69.8%) |
| Renter Occupied HU | 635 (24.7%) |
| Vacant Housing Units | 140 ( 5.4%) |
| Median Home Value | $489,538 |
| Average Home Value | $536,948 |
Housing Distribution
Address Breakdown
Residential
2,080
Single Family
2,062
Multi-Family
18
Businesses
166
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