279 Canyon CirclePagosa SpringsCO81147
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Nearby investment properties with comparable prices
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 279 Canyon Circle, Pagosa Springs, CO, 81147 earns $1,010/mo cash flow from $2,477/mo rent with a $1,232/mo payment. Total monthly income totals $2,477/mo, and annual cash flow totals $12,120/yr on $83,472 capital. ROI tracks 34.43% on current figures, and rental yield reads 11.8% at a $251,800 purchase. Equity gained on principal adds $1,625/yr, and 5% annual appreciation supports $69,568 over five years. Five-year ROI reaches 180.2% and total cumulative return in cash sums $150,419. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,477/mo property income instead of your personal income.
Manufactured
Built in 2000
4,791 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: Wendy Saunders • Keller Williams Realty Southwest Associates, LLC - Pagosa
Mls Name: CREN
Mls ID: #823963