318 Bayfield ParkwayBayfieldCO81122
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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 Bayfield at 318 Bayfield Parkway, Bayfield, CO, 81122 generates $2,328/mo in rent and, after a $1,778/mo payment, leaves $211/mo in cash flow. Total monthly income is $2,328/mo, and annual cash flow is $2,532/yr on $120,417 invested. Return on cash invested sits at 22.01% in year one, and rental yield is 7.69% on a $363,250 entry. Equity gained on principal adds $2,344/yr, while 5% annual appreciation builds toward $100,359 over five years. Five-year ROI reaches 113.62% and total cumulative return in cash sums $136,822. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,328/mo property income rather than buyer’s personal income.
Manufactured
Built in 1986
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81122, Bayfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,157 (100%) |
| Owner Occupied HU | 3,319 (64.4%) |
| Renter Occupied HU | 841 (16.3%) |
| Vacant Housing Units | 997 (19.3%) |
| Median Home Value | $529,903 |
| Average Home Value | $588,692 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,272
Multi-Family
300
Businesses
356
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Listed by: Erika Simpson • Integrity Real Estate & Lending
Mls Name: CREN
Mls Provider:
Mls ID: #825128
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.