262 Midland AveBasaltCO81621
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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 Basalt at 262 Midland Ave, Basalt, CO, 81621 listed at $1,720,000 pairs $5,475/mo rent with a $8,419/mo payment. Total monthly income runs $5,475/mo. Return on cash invested measures 10.57% in year one, and rental yield registers 3.82% at a $1,720,000 basis. Equity gained on principal adds $11,099/yr, and annual property appreciation at 5% supports $475,204 by year five. Five-year ROI tracks 52.2% and total cumulative return in cash totals $290,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,475/mo property income relative to a $8,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
6,534 sqft lot
$N/A/sqft
No 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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