240 Chapel Pl #309AvonCO81620
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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
Investment property for sale in Avon at 240 Chapel Pl #309, Avon, CO, 81620 listed at $831,800 pairs $3,889/mo rent with a $4,071/mo payment. Total monthly income runs $3,889/mo. Return on cash invested measures 15.86% in year one, and rental yield registers 5.61% at a $831,800 basis. Equity gained on principal adds $5,367/yr, and annual property appreciation at 5% supports $229,811 by year five. Five-year ROI tracks 80.61% and total cumulative return in cash totals $220,592. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,889/mo property income relative to a $4,071/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 2002
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81620, Avon, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,262 (100%) |
| Owner Occupied HU | 1,866 (25.7%) |
| Renter Occupied HU | 1,663 (22.9%) |
| Vacant Housing Units | 3,733 (51.4%) |
| Median Home Value | $940,860 |
| Average Home Value | $1,067,300 |
Housing Distribution
Address Breakdown
Residential
2
Single Family
2
Multi-Family
0
Businesses
535
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