1857 W 3rd AveDurangoCO81301
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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 Durango at 1857 W 3rd Ave, Durango, CO, 81301 earns from $3,857/mo rent with a $7,006/mo payment. Total monthly income totals $3,857/mo. ROI tracks 8.77% on current figures, and rental yield reads 3.23% at a $1,431,500 purchase. Equity gained on principal adds $9,237/yr, and 5% annual appreciation supports $395,497 over five years. Five-year ROI reaches 42.5% and total cumulative return in cash sums $197,109. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,857/mo property income instead of your personal income.
Single Family
Built in 1888
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81301, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,325 (100%) |
| Owner Occupied HU | 8,304 (47.9%) |
| Renter Occupied HU | 5,706 (32.9%) |
| Vacant Housing Units | 3,315 (19.1%) |
| Median Home Value | $715,239 |
| Average Home Value | $792,766 |
Housing Distribution
Address Breakdown
Residential
14,982
Single Family
14,372
Multi-Family
610
Businesses
1,520
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