225 Prospect DriveDurangoCO81303
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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
Rental property for sale in Durango at 225 Prospect Drive, Durango, CO, 81303 priced at $925,000 converts $4,925/mo rent into after a $4,527/mo obligation. Total monthly income equals $4,925/mo. Return on cash invested prints 18.23% in year one, and rental yield reads 6.39% against a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation compiles into $255,560 by year five. Five-year ROI reaches 93.3% and total cumulative return in cash sums $283,933. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,925/mo property income covering a $4,527/mo payment, not borrower’s personal income.
Single Family
Built in 2015
25.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81303, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,078 (100%) |
| Owner Occupied HU | 2,521 (61.8%) |
| Renter Occupied HU | 1,152 (28.2%) |
| Vacant Housing Units | 405 ( 9.9%) |
| Median Home Value | $636,118 |
| Average Home Value | $675,172 |
Housing Distribution
Address Breakdown
Residential
3,584
Single Family
3,360
Multi-Family
224
Businesses
387
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Listed by: Zane Wells • The Wells Group of Durango, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #823093
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.