106 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
Rental property for sale in Basalt at 106 Lakeside Ct, Basalt, CO, 81621 offers $6,360/mo rent that, after a $5,188/mo payment. Total monthly income is $6,360/mo. Return on cash invested measures 19.57% in year one, and rental yield stands at 7.2% at a $1,060,000 entry. Equity gained on principal adds $6,840/yr while 5% annual appreciation compounds into $292,858 by year five. Five-year ROI records 100.95% and total cumulative return in cash reaches $346,717. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,360/mo property income versus a $5,188/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2003
N/A lot
$N/A/sqft
$412 monthly 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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Listed by: Karla Beth Spence • Compass Aspen
Mls Name: AGSMLS
Mls ID: #188793
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.