3295 Apres Ski Way UNIT A-3Steamboat SpringsCO80487
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
Investment property for sale in Steamboat Springs at 3295 Apres Ski Way UNIT A-3, Steamboat Springs, CO, 80487 uses $95,804 cash to close to unlock $8,235/yr annual cash flow and $686/mo monthly cash flow. Total monthly income runs $2,371/mo, and a $1,415/mo payment keeps the spread at $686/mo. Purchase price stands at $289,000, and rental yield measures 9.84% with $2,371/mo rent. Return on cash invested shows 28.5% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 148.51% and total cumulative return in cash records $142,274. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,371/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Condo
Built in 1967
6,159 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80487, Steamboat Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,323 (100%) |
| Owner Occupied HU | 5,350 (40.2%) |
| Renter Occupied HU | 2,508 (18.8%) |
| Vacant Housing Units | 5,465 (41.0%) |
| Median Home Value | $1,062,795 |
| Average Home Value | $1,204,095 |
Housing Distribution
Address Breakdown
Residential
7,374
Single Family
7,278
Multi-Family
96
Businesses
709
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelli Cronin • The Group Real Estate, LLC
Mls Name: Altitude Realtors
Mls ID: #S1061118