175 Midland Ave #10BasaltCO81621
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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 Basalt at 175 Midland Ave #10, Basalt, CO, 81621 offers a 5.54% rental yield on a $1,100,000 purchase with $5,081/mo rent. 89% in year one. Equity gained on principal adds $7,098/yr while 5% annual appreciation supports $303,910 over five years. Portfolio math shows five-year ROI at 80.73% and total cumulative return in cash at $287,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,081/mo property income against a $5,384/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81621, Basalt, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,423 (100%) |
| Owner Occupied HU | 1,761 (51.4%) |
| Renter Occupied HU | 1,054 (30.8%) |
| Vacant Housing Units | 608 (17.8%) |
| Median Home Value | $1,198,736 |
| Average Home Value | $1,284,723 |
Housing Distribution
Address Breakdown
Residential
2,501
Single Family
2,501
Multi-Family
0
Businesses
718
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