916 County Road 311IgnacioCO81137
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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 $2,662/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 4.91% with $2,662/mo rent. Return on cash invested shows 13.74% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 69.28% and total cumulative return in cash records $148,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,662/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1991
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81137, Ignacio, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,228 (100%) |
| Owner Occupied HU | 1,416 (63.6%) |
| Renter Occupied HU | 587 (26.3%) |
| Vacant Housing Units | 225 (10.1%) |
| Median Home Value | $574,265 |
| Average Home Value | $643,316 |
Housing Distribution
Address Breakdown
Residential
1,286
Single Family
1,261
Multi-Family
25
Businesses
121
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Listed by: Michelle Brown • Blackmore Group
Mls Name: CREN
Mls Provider:
Mls ID: #824618
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.