88 Green Mesa PlParachuteCO81635
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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 Parachute at 88 Green Mesa Pl, Parachute, CO, 81635 priced at $540,000 converts $4,188/mo rent into $1,000/mo cash flow after a $2,643/mo obligation. Total monthly income equals $4,188/mo, and annual cash flow totals $11,995/yr on $177,660 invested. Return on cash invested prints 26.81% in year one, and rental yield reads 9.31% against a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation compiles into $149,192 by year five. Five-year ROI reaches 139.45% and total cumulative return in cash sums $247,754. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,188/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 2022
0.26 Acres lot
$N/A/sqft
$497 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81635, Parachute, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,899 (100%) |
| Owner Occupied HU | 1,686 (58.2%) |
| Renter Occupied HU | 1,049 (36.2%) |
| Vacant Housing Units | 164 ( 5.7%) |
| Median Home Value | $328,049 |
| Average Home Value | $427,077 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
1,826
Multi-Family
859
Businesses
150
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Listed by: Julian Hardaker • The Best Way Home Real Estate
Mls Name: AGSMLS
Mls ID: #176937
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.