32 Forest Lakes DrBayfieldCO81122
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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 32 Forest Lakes Dr, Bayfield, CO, 81122 generates $2,839/mo in rent and, after a $2,051/mo payment, leaves $397/mo in cash flow. Total monthly income is $2,839/mo, and annual cash flow is $4,763/yr on $138,899 invested. Return on cash invested sits at 23.34% in year one, and rental yield is 8.13% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 120.75% and total cumulative return in cash sums $167,717. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,839/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
10,062 sqft 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: Malia Bowkett • Destination DRO Real Estate Group, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #820045
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.