112 Spruce LnBayfieldCO81122
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
Investment Highlights
Investment property for sale in Bayfield at 112 Spruce Ln, Bayfield, CO, 81122 earns from $2,609/mo rent with a $2,736/mo payment. Total monthly income totals $2,609/mo. ROI tracks 15.83% on current figures, and rental yield reads 5.6% at a $559,000 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 over five years. Five-year ROI reaches 80.46% and total cumulative return in cash sums $147,975. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,609/mo property income instead of your personal income.
Manufactured
Built in 2002
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81122, Bayfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,157 (100%) |
| Owner Occupied HU | 3,319 (64.4%) |
| Renter Occupied HU | 841 (16.3%) |
| Vacant Housing Units | 997 (19.3%) |
| Median Home Value | $529,903 |
| Average Home Value | $588,692 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,272
Multi-Family
300
Businesses
356
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Andrea Basye • Bayfield Realty
Mls Name: CREN
Mls Provider:
Mls ID: #818009
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.