2350 Ski Trail Ln #211Steamboat SpringsCO80487
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 Steamboat Springs at 2350 Ski Trail Ln #211, Steamboat Springs, CO, 80487 generates $3,306/mo in rent, after a $4,381/mo payment. Total monthly income is $3,306/mo. Return on cash invested sits at 8.05% in year one, and rental yield is 4.43% on a $895,000 entry. Equity gained on principal adds $5,775/yr, while 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 40.26% and total cumulative return in cash sums $118,550. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,306/mo property income rather than buyer’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$3,112 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80487, Steamboat Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,323 (100%) |
| Owner Occupied HU | 5,350 (40.2%) |
| Renter Occupied HU | 2,508 (18.8%) |
| Vacant Housing Units | 5,465 (41.0%) |
| Median Home Value | $1,062,795 |
| Average Home Value | $1,204,095 |
Housing Distribution
Address Breakdown
Residential
7,374
Single Family
7,278
Multi-Family
96
Businesses
709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zach Valicenti • The Group Real Estate, LLC
Mls Name: AGSMLS
Mls ID: #183456
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.