274 Ridge RdBasaltCO81621
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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 274 Ridge Rd, Basalt, CO, 81621 earns from $6,274/mo rent with a $8,786/mo payment. Total monthly income totals $6,274/mo. ROI tracks 11.73% on current figures, and rental yield reads 4.19% at a $1,795,000 purchase. Equity gained on principal adds $11,583/yr, and 5% annual appreciation supports $495,925 over five years. Five-year ROI reaches 58.4% and total cumulative return in cash sums $339,637. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,274/mo property income instead of your personal income.
Townhouse
Built in 2023
3,484 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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