2224 Crestview DriveDurangoCO81301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Durango at 2224 Crestview Drive, Durango, CO, 81301 generates $2,644/mo in rent, after a $3,377/mo payment. Total monthly income is $2,644/mo. Return on cash invested sits at 12.78% in year one, and rental yield is 4.6% on a $690,000 entry. Equity gained on principal adds $4,452/yr, while 5% annual appreciation builds toward $190,634 over five years. Five-year ROI reaches 64.1% and total cumulative return in cash sums $145,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,644/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
0.27 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dasha Greidanus • Berkshire Hathaway HomeServices Colorado Properties
Mls Name: CREN
Mls Provider:
Mls ID: #825138
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.