281 Alpine DriveDurangoCO81301
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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 Durango at 281 Alpine Drive, Durango, CO, 81301 offers $3,820/mo rent that, after a $2,088/mo payment, leaves $1,334/mo cash flow. Total monthly income is $3,820/mo, and annual cash flow is $16,005/yr on $141,451 cash. Return on cash invested measures 31.22% in year one, and rental yield stands at 10.74% at a $426,700 entry. Equity gained on principal adds $2,753/yr while 5% annual appreciation compounds into $117,889 by year five. Five-year ROI records 163.04% and total cumulative return in cash reaches $230,627. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,820/mo property income versus a $2,088/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1996
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81301, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,325 (100%) |
| Owner Occupied HU | 8,304 (47.9%) |
| Renter Occupied HU | 5,706 (32.9%) |
| Vacant Housing Units | 3,315 (19.1%) |
| Median Home Value | $715,239 |
| Average Home Value | $792,766 |
Housing Distribution
Address Breakdown
Residential
14,982
Single Family
14,372
Multi-Family
610
Businesses
1,520
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Listed by: Anne Zalbowitz • Keller Williams Realty Southwest Associates, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #824991
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.