202 Evans Rd UNIT 104BasaltCO81621
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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 202 Evans Rd UNIT 104, Basalt, CO, 81621 offers a 3.76% rental yield on a $1,710,000 purchase with $5,351/mo rent. 48% in year one. Equity gained on principal adds $11,034/yr while 5% annual appreciation supports $472,441 over five years. Portfolio math shows five-year ROI at 41.64% and total cumulative return in cash at $230,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,351/mo property income against a $8,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2014
N/A lot
$N/A/sqft
$2,629 quarterly 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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Listed by: Diane Turner • Engel & Volkers Roaring Fork
Mls Name: AGSMLS
Mls ID: #187095
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.