145 Davis Cup Drive #4029Pagosa SpringsCO81147
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
Rental property for sale in Pagosa Springs at 145 Davis Cup Drive #4029, Pagosa Springs, CO, 81147 generates $2,710/mo in rent and, after a $2,068/mo payment, leaves $248/mo in cash flow. Total monthly income is $2,710/mo, and annual cash flow is $2,972/yr on $140,059 invested. Return on cash invested sits at 22.03% in year one, and rental yield is 7.7% on a $422,500 entry. Equity gained on principal adds $2,726/yr, while 5% annual appreciation builds toward $116,729 over five years. Five-year ROI reaches 113.76% and total cumulative return in cash sums $159,324. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,710/mo property income rather than buyer’s personal income.
Condo
Built in 1979
261.36 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81147, Pagosa Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,861 (100%) |
| Owner Occupied HU | 4,578 (46.4%) |
| Renter Occupied HU | 1,436 (14.6%) |
| Vacant Housing Units | 3,847 (39.0%) |
| Median Home Value | $544,963 |
| Average Home Value | $647,985 |
Housing Distribution
Address Breakdown
Residential
5,495
Single Family
5,488
Multi-Family
7
Businesses
690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Johnson • Sherpa Real Estate
Mls Name: CREN
Mls ID: #827524