1691 ColumbineCrestoneCO81131
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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
Rental property for sale in Crestone at 1691 Columbine, Crestone, CO, 81131 generates $2,760/mo in rent and, after a $1,835/mo payment, leaves $575/mo in cash flow. Total monthly income is $2,760/mo, and annual cash flow is $6,900/yr on $124,313 invested. Return on cash invested sits at 25.46% in year one, and rental yield is 8.83% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 132.12% and total cumulative return in cash sums $164,247. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,760/mo property income rather than buyer’s personal income.
Manufactured
Built in 1995
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81131, Crestone, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 981 (100%) |
| Owner Occupied HU | 553 (56.4%) |
| Renter Occupied HU | 181 (18.5%) |
| Vacant Housing Units | 247 (25.2%) |
| Median Home Value | $318,145 |
| Average Home Value | $371,022 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
100
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