215 Redstone Blvd #101RedstoneCO81623
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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 Redstone at 215 Redstone Blvd #101, Redstone, CO, 81623 offers a 8.95% rental yield on a $315,000 purchase with $2,350/mo rent. Total monthly income registers $2,350/mo, and a $1,542/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,312/yr on $104,423 to close, and return on cash invested stands at 23.08% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 120.35% and total cumulative return in cash at $125,669. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,350/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1962
N/A lot
$N/A/sqft
$238 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81623, Carbondale, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,122 (100%) |
| Owner Occupied HU | 4,159 (58.4%) |
| Renter Occupied HU | 2,079 (29.2%) |
| Vacant Housing Units | 884 (12.4%) |
| Median Home Value | $942,676 |
| Average Home Value | $1,129,471 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,688
Multi-Family
676
Businesses
784
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Listed by: Christine Marriott Lawrence • Coldwell Banker Mason Morse-Redstone
Mls Name: AGSMLS
Mls ID: #187082
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.