1410 Athens Plaza Unit 1Steamboat SpringsCO80487
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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 Steamboat Springs at 1410 Athens Plaza Unit 1, Steamboat Springs, CO, 80487 offers a 10.19% rental yield on a $399,000 purchase with $3,388/mo rent. Total monthly income registers $3,388/mo, and a $1,953/mo payment leaves $630/mo available for distribution. Annual cash flow reaches $7,555/yr on $132,269 to close, and return on cash invested stands at 25.62% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 134.43% and total cumulative return in cash at $177,806. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,388/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
$433 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80487, Steamboat Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,323 (100%) |
| Owner Occupied HU | 5,350 (40.2%) |
| Renter Occupied HU | 2,508 (18.8%) |
| Vacant Housing Units | 5,465 (41.0%) |
| Median Home Value | $1,062,795 |
| Average Home Value | $1,204,095 |
Housing Distribution
Address Breakdown
Residential
7,374
Single Family
7,278
Multi-Family
96
Businesses
709
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Listed by: Trelora Realty Team • Trelora Realty, Inc.
Mls Name: REcolorado
Mls Provider:
Mls ID: #3376948
Disclaimer: 2025 REcolorado All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, REcolorado. [Click here for more information](/mls-disclaimers/#17059)