236 Overlook RdgCarbondaleCO81623
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Carbondale at 236 Overlook Rdg, Carbondale, CO, 81623 projects strong ROI of 8.02%. Rental yield 3.1%. With 5% annual appreciation, the property builds $642,051 in value over five years. Equity growth combined delivers a projected five-year ROI of 55.51%, translating into $364,456 in total cumulative return on $656,502 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.1% | 6.2% |
| Monthly Cash Flow | $(8,004) | $300 |
City averages based on Carbondale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,000 |
| Total Monthly Debt Service | $13,080 |
| DSCR Ratio | 0.46x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2020
N/A lot
$N/A/sqft
$461 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
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
Townhouse
Built in 2020
N/A lot
$N/A/sqft
$461 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Banner • Aspen Snowmass Sotheby's International Realty - Hyman Mall
Mls Name: AGSMLS
Mls ID: #164770
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.