104 Lakeside CtBasaltCO81621
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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 Basalt at 104 Lakeside Ct, Basalt, CO, 81621 offers a 7.93% rental yield on a $999,800 purchase with $6,607/mo rent. Total monthly income registers $6,607/mo, and a $4,894/mo payment leaves $780/mo available for distribution. Annual cash flow reaches $9,358/yr on $328,934 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $6,452/yr while 5% annual appreciation supports $276,226 over five years. Portfolio math shows five-year ROI at 118.39% and total cumulative return in cash at $389,437. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,607/mo property income against a $4,894/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1999
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81621, Basalt, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,423 (100%) |
| Owner Occupied HU | 1,761 (51.4%) |
| Renter Occupied HU | 1,054 (30.8%) |
| Vacant Housing Units | 608 (17.8%) |
| Median Home Value | $1,198,736 |
| Average Home Value | $1,284,723 |
Housing Distribution
Address Breakdown
Residential
2,501
Single Family
2,501
Multi-Family
0
Businesses
718
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