9620 Road 29CortezCO81321
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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 $1,721/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 5.9% with $1,721/mo rent. Return on cash invested shows 16.61% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 84.72% and total cumulative return in cash records $98,294. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,721/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Manufactured
Built in 1971
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81321, Cortez, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,811 (100%) |
| Owner Occupied HU | 4,225 (62.0%) |
| Renter Occupied HU | 2,071 (30.4%) |
| Vacant Housing Units | 515 ( 7.6%) |
| Median Home Value | $352,406 |
| Average Home Value | $399,434 |
Housing Distribution
Address Breakdown
Residential
5,913
Single Family
5,715
Multi-Family
198
Businesses
752
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Listed by: Carol Click • RE/MAX Mesa Verde Realty
Mls Name: CREN
Mls Provider:
Mls ID: #823244
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