264 Eagle Dr #307AvonCO81620
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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
Rental property for sale in Avon at 264 Eagle Dr #307, Avon, CO, 81620 generates $5,082/mo in rent, after a $4,699/mo payment. Total monthly income is $5,082/mo. Return on cash invested sits at 15.69% in year one, and rental yield is 6.35% on a $960,000 entry. Equity gained on principal adds $6,195/yr, while 5% annual appreciation builds toward $265,230 over five years. Five-year ROI reaches 80.57% and total cumulative return in cash sums $254,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,082/mo property income rather than buyer’s personal income.
Condo
Built in 1981
3,920 sqft lot
$N/A/sqft
$1,915 quarterly 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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Listed by: Amy Pates • Coldwell Banker Distinctive Properties
Mls Name: VMLS
Mls Provider:
Mls ID: #1010090
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. Copyright 2024 Vail Multi List, Inc. (VMLS)