214 S Avion Drive #102Skyland areaCO81224
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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 Skyland area at 214 S Avion Drive #102, Skyland area, CO, 81224 uses $229,971 cash to close to unlock $15,919/yr annual cash flow and $1,327/mo monthly cash flow. Total monthly income runs $5,400/mo, and a $3,421/mo payment keeps the spread at $1,327/mo. Purchase price stands at $699,000, and rental yield measures 9.27% with $5,400/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 140.27% and total cumulative return in cash records $322,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,400/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81224, Crested Butte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 1,236 (40.1%) |
| Renter Occupied HU | 599 (19.4%) |
| Vacant Housing Units | 1,250 (40.5%) |
| Median Home Value | $866,728 |
| Average Home Value | $1,049,937 |
Housing Distribution
Address Breakdown
Residential
686
Single Family
686
Multi-Family
0
Businesses
351
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Listed by: Matthew Watson • Brokers Guild Real Estate
Mls Name: REcolorado
Mls ID: #5788593