104 Elevation DrDurangoCO81303
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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
Investment property for sale in Durango at 104 Elevation Dr, Durango, CO, 81303 with 5% annual appreciation on a $880,000 basis while $3,959/mo rent supports operations. 21% in year one. Equity gained on principal adds $5,679/yr, and five-year appreciation sums $243,128 alongside rental yield of 5.4%. Five-year ROI measures 77.15% and total cumulative return in cash totals $223,364. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,959/mo property income versus a $4,307/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
5,183 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81303, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,078 (100%) |
| Owner Occupied HU | 2,521 (61.8%) |
| Renter Occupied HU | 1,152 (28.2%) |
| Vacant Housing Units | 405 ( 9.9%) |
| Median Home Value | $636,118 |
| Average Home Value | $675,172 |
Housing Distribution
Address Breakdown
Residential
3,584
Single Family
3,360
Multi-Family
224
Businesses
387
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Listed by: Anne Zalbowitz • Keller Williams Realty Southwest Associates, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #820596
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