330 Cherry DrSteamboat SpringsCO80487
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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
Investment property for sale in Steamboat Springs at 330 Cherry Dr, Steamboat Springs, CO, 80487 at $1,799,500 posts ROI 15.11% with from $7,932/mo rent. Total monthly income equals $7,932/mo. Return on cash invested measures 15.11% and rental yield reads 5.29% at the current $1,799,500. Equity gained on principal adds $11,612/yr, and 5% annual appreciation supports $497,169 by year five. Five-year ROI prints 76.53% and total cumulative return in cash totals $446,170. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,932/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.26 Acres 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
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Listed by: Shattuck Kelly Team • The Steamboat Group
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #SS1048071
Disclaimer: Copyright 2024 Altitude Realtors. The information displayed herein was derived from sources believed to be accurate, but has not been verified by Altitude Realtors. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.