3 Holly Hock TrailDurangoCO81303
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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 3 Holly Hock Trail, Durango, CO, 81303 priced at $359,000 converts $2,633/mo rent into $541/mo cash flow after a $1,757/mo obligation. Total monthly income equals $2,633/mo, and annual cash flow totals $6,491/yr on $119,009 invested. Return on cash invested prints 25.36% in year one, and rental yield reads 8.8% against a $359,000 entry. Equity gained on principal adds $2,317/yr, while 5% annual appreciation compiles into $99,185 by year five. Five-year ROI reaches 131.6% and total cumulative return in cash sums $156,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,633/mo property income covering a $1,757/mo payment, not borrower’s personal income.
Manufactured
Built in 1980
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81303, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,078 (100%) |
| Owner Occupied HU | 2,521 (61.8%) |
| Renter Occupied HU | 1,152 (28.2%) |
| Vacant Housing Units | 405 ( 9.9%) |
| Median Home Value | $636,118 |
| Average Home Value | $675,172 |
Housing Distribution
Address Breakdown
Residential
3,584
Single Family
3,360
Multi-Family
224
Businesses
387
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Listed by: Ashley Truitt • Coldwell Banker Mountain Properties
Mls Name: CREN
Mls Provider:
Mls ID: #824848
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.