310 Second StreetCrested 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
Rental property for sale in Crested Butte at 310 Second Street, Crested Butte, CO, 81224 offers $3,762/mo rent that, after a $9,667/mo payment. Total monthly income is $3,762/mo. Return on cash invested measures 5.84% in year one, and rental yield stands at 2.29% at a $1,975,000 entry. Equity gained on principal adds $12,744/yr while 5% annual appreciation compounds into $545,656 by year five. Five-year ROI records 26.81% and total cumulative return in cash reaches $171,558. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,762/mo property income versus a $9,667/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2,003 sqft 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: Scout Walton • LIV Sotheby's International Realty - CB
Mls Name: CREN
Mls ID: #830565