2422 CR 500BayfieldCO81122
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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 Bayfield at 2422 CR 500, Bayfield, CO, 81122 uses $159,120 cash to close to unlock $20,556/yr annual cash flow and $1,713/mo monthly cash flow. Total monthly income runs $4,510/mo, and a $2,349/mo payment keeps the spread at $1,713/mo. Purchase price stands at $480,000, and rental yield measures 11.28% with $4,510/mo rent. Return on cash invested shows 32.83% in year one, and 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 171.62% and total cumulative return in cash records $273,089. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,510/mo property income covering a $2,349/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81122, Bayfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,157 (100%) |
| Owner Occupied HU | 3,319 (64.4%) |
| Renter Occupied HU | 841 (16.3%) |
| Vacant Housing Units | 997 (19.3%) |
| Median Home Value | $529,903 |
| Average Home Value | $588,692 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,272
Multi-Family
300
Businesses
356
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Listed by: Andrea Basye • Bayfield Realty
Mls Name: CREN
Mls Provider:
Mls ID: #823017
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.