23284 Two Rivers Rd SUITE 13BasaltCO81621
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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
Total monthly income runs $3,030/mo, and a $2,496/mo payment. Purchase price stands at $510,000, and rental yield measures 7.13% with $3,030/mo rent. Return on cash invested shows 19.4% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 99.99% and total cumulative return in cash records $167,775. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,030/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$450 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: Mike Mercatoris • Compass Aspen
Mls Name: AGSMLS
Mls ID: #189609
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