858 Garnet #201 Rich and 858 GarnetDeltaCO81416
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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
Investment property for sale in Delta at 858 Garnet #201 Rich and 858 Garnet, Delta, CO, 81416 offers a 8.02% rental yield on a $377,000 purchase with $2,520/mo rent. Total monthly income registers $2,520/mo, and a $1,845/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,878/yr on $124,976 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $2,433/yr while 5% annual appreciation supports $104,158 over five years. Portfolio math shows five-year ROI at 119.03% and total cumulative return in cash at $148,759. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,520/mo property income against a $1,845/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1977
8,712 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
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