278 Park Avenue #APagosa SpringsCO81147
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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 Pagosa Springs at 278 Park Avenue #A, Pagosa Springs, CO, 81147 uses $94,478 cash to close to unlock $7,152/yr annual cash flow and $596/mo monthly cash flow. Total monthly income runs $2,257/mo, and a $1,395/mo payment keeps the spread at $596/mo. Purchase price stands at $285,000, and rental yield measures 9.5% with $2,257/mo rent. Return on cash invested shows 27.48% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 142.95% and total cumulative return in cash records $135,054. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,257/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
1,045 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81147, Pagosa Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,861 (100%) |
| Owner Occupied HU | 4,578 (46.4%) |
| Renter Occupied HU | 1,436 (14.6%) |
| Vacant Housing Units | 3,847 (39.0%) |
| Median Home Value | $544,963 |
| Average Home Value | $647,985 |
Housing Distribution
Address Breakdown
Residential
5,495
Single Family
5,488
Multi-Family
7
Businesses
690
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Listed by: Becky Ziminsky • Pinnacle Realty Group LLC
Mls Name: CREN
Mls ID: #830902