163 Pelican Circle UNIT 1205BreckenridgeCO80424
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.02% yield at 163 Pelican Circle UNIT 1205, Breckenridge, CO, 80424 in Breckenridge is solid, but the $3,665/mo payment compresses net cash flow to $107/mo at $815,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $225,169 by year five, and $7,506/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.49) without U.S. income documentation. Total projected return: $317,245.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.0% |
| Monthly Cash Flow | $107 | $1,500 |
City averages based on Breckenridge market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $5,447 |
| Total Monthly Debt Service | $5,015 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1999
9.55 Acres lot
$N/A/sqft
$7,080 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80424, Breckenridge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,852 (100%) |
| Owner Occupied HU | 2,763 (23.3%) |
| Renter Occupied HU | 1,670 (14.1%) |
| Vacant Housing Units | 7,419 (62.6%) |
| Median Home Value | $1,188,279 |
| Average Home Value | $1,239,094 |
Housing Distribution
Address Breakdown
Residential
583
Single Family
583
Multi-Family
0
Businesses
658
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
Condo
Built in 1999
9.55 Acres lot
$N/A/sqft
$7,080 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80424, Breckenridge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,852 (100%) |
| Owner Occupied HU | 2,763 (23.3%) |
| Renter Occupied HU | 1,670 (14.1%) |
| Vacant Housing Units | 7,419 (62.6%) |
| Median Home Value | $1,188,279 |
| Average Home Value | $1,239,094 |
Housing Distribution
Address Breakdown
Residential
583
Single Family
583
Multi-Family
0
Businesses
658
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Smits • eXp Realty LLC - Resort Experts
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1070110
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