Tbd La Garita DrDel NorteCO81132
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: Tbd La Garita Dr, Del Norte, CO, 81132 in Del Norte, $249,500, 7.5% gross yield, $106/mo net income. Consider it a market-entry position, the $1,560/mo rent covers the $1,122/mo payment with a margin, and 5%/yr appreciation is projected to add $68,932 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.39) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $101,081.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 7.2% |
| Monthly Cash Flow | $106 | $300 |
City averages based on Del Norte market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,560 |
| Total Monthly Debt Service | $1,355 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2006
18.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2006
18.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81132, Del Norte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,627 (100%) |
| Owner Occupied HU | 767 (47.1%) |
| Renter Occupied HU | 414 (25.4%) |
| Vacant Housing Units | 446 (27.4%) |
| Median Home Value | $221,181 |
| Average Home Value | $365,349 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,397
Multi-Family
6
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leigh Anne Lobato • Broken Arrow Ranch & Land Company
Mls Name: CREN
Mls Provider:
Mls ID: #822664
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.