310 Belleview Avenue #5Crested ButteCO81224
Nearby investment properties with comparable rents
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
Total monthly income runs $3,098/mo, and a $2,932/mo payment. Purchase price stands at $599,000, and rental yield measures 6.21% with $3,098/mo rent. Return on cash invested shows 17.67% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 90.3% and total cumulative return in cash records $177,958. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,098/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81224, Crested Butte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,085 (100%) |
| Owner Occupied HU | 1,236 (40.1%) |
| Renter Occupied HU | 599 (19.4%) |
| Vacant Housing Units | 1,250 (40.5%) |
| Median Home Value | $866,728 |
| Average Home Value | $1,049,937 |
Housing Distribution
Address Breakdown
Residential
686
Single Family
686
Multi-Family
0
Businesses
351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sigrid Cottrell • Crested Butte Realty Company
Mls Name: CREN
Mls ID: #826433