115 Boomerang Rd UNIT 5302AspenCO81611
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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 Aspen at 115 Boomerang Rd UNIT 5302, Aspen, CO, 81611 listed at $1,375,000 pairs $5,099/mo rent with a $6,730/mo payment. Total monthly income runs $5,099/mo. Return on cash invested measures 10.63% in year one, and rental yield registers 4.45% at a $1,375,000 basis. Equity gained on principal adds $8,873/yr, and annual property appreciation at 5% supports $379,887 by year five. Five-year ROI tracks 53.2% and total cumulative return in cash totals $237,018. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,099/mo property income relative to a $6,730/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
N/A lot
$N/A/sqft
$700 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81611, Aspen, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,068 (100%) |
| Owner Occupied HU | 2,657 (32.9%) |
| Renter Occupied HU | 1,993 (24.7%) |
| Vacant Housing Units | 3,418 (42.4%) |
| Median Home Value | $1,451,005 |
| Average Home Value | $1,341,373 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
3,774
Multi-Family
1,618
Businesses
1,023
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Listed by: Jordan Nemirow • ENGEL & VOLKERS
Mls Name: AGSMLS
Mls ID: #184064
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.