333 S Fir Street #101TellurideCO81435
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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 Telluride at 333 S Fir Street #101, Telluride, CO, 81435 uses $579,960 cash to close to unlock $4,420/yr annual cash flow and $368/mo monthly cash flow. Total monthly income runs $10,800/mo, and a $8,761/mo payment keeps the spread at $368/mo. Purchase price stands at $1,790,000, and rental yield measures 7.24% with $10,800/mo rent. Return on cash invested shows 21.13% in year one, and 5% annual appreciation builds toward $494,544 over five years. Five-year ROI reaches 108.82% and total cumulative return in cash records $631,096. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $10,800/mo property income covering a $8,761/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81435, Telluride, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,762 (100%) |
| Owner Occupied HU | 1,197 (25.1%) |
| Renter Occupied HU | 1,204 (25.3%) |
| Vacant Housing Units | 2,361 (49.6%) |
| Median Home Value | $933,287 |
| Average Home Value | $1,151,117 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
30
Multi-Family
1,261
Businesses
481
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Listed by: Mike Shimkonis • Telluride Properties LLC
Mls Name: CREN
Mls Provider:
Mls ID: #825523
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.