93 Willco Fields LnIgnacioCO81137
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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 Ignacio at 93 Willco Fields Ln, Ignacio, CO, 81137 priced at $589,000 converts $2,694/mo rent into after a $2,883/mo obligation. Total monthly income equals $2,694/mo. Return on cash invested prints 15.49% in year one, and rental yield reads 5.49% against a $589,000 entry. Equity gained on principal adds $3,801/yr, while 5% annual appreciation compiles into $162,730 by year five. Five-year ROI reaches 78.62% and total cumulative return in cash sums $152,354. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,694/mo property income covering a $2,883/mo payment, not borrower’s personal income.
Manufactured
Built in 2019
6.40 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: Joe Clair • Keller Williams Realty Southwest Associates, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #822565
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.