200 Riverside Drive Bldg Hallett #1Estes ParkCO80517
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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 Estes Park at 200 Riverside Drive Bldg Hallett #1, Estes Park, CO, 80517 uses $89,174 cash to close to unlock $9,527/yr annual cash flow and $794/mo monthly cash flow. Total monthly income runs $2,362/mo, and a $1,317/mo payment keeps the spread at $794/mo. Purchase price stands at $269,000, and rental yield measures 10.54% with $2,362/mo rent. Return on cash invested shows 30.59% in year one, and 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 159.65% and total cumulative return in cash records $142,367. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,362/mo property income covering a $1,317/mo payment rather than investor’s personal income.
Condo
Built in 1980
126 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80517, Estes Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,649 (100%) |
| Owner Occupied HU | 3,060 (40.0%) |
| Renter Occupied HU | 1,396 (18.3%) |
| Vacant Housing Units | 3,193 (41.7%) |
| Median Home Value | $730,165 |
| Average Home Value | $832,833 |
Housing Distribution
Address Breakdown
Residential
5,225
Single Family
5,165
Multi-Family
60
Businesses
771
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Listed by: Abbey Pontius • Anderson Realty & Mgmt.
Mls Name: REcolorado
Mls ID: #IR1036161