114 Phyllis LaneGunnisonCO81230
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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 Gunnison at 114 Phyllis Lane, Gunnison, CO, 81230 offers a 7.11% rental yield on a $395,000 purchase with $2,340/mo rent. Total monthly income registers $2,340/mo, and a $1,933/mo payment leaves $38/mo available for distribution. Annual cash flow reaches $460/yr on $130,943 to close, and return on cash invested stands at 20.26% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 104.27% and total cumulative return in cash at $136,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81230, Gunnison, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,081 (100%) |
| Owner Occupied HU | 2,748 (45.2%) |
| Renter Occupied HU | 1,962 (32.3%) |
| Vacant Housing Units | 1,371 (22.5%) |
| Median Home Value | $568,381 |
| Average Home Value | $626,074 |
Housing Distribution
Address Breakdown
Residential
4,932
Single Family
4,726
Multi-Family
206
Businesses
746
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