335 Summerset Ln UNIT ABasaltCO81621
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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 Basalt at 335 Summerset Ln UNIT A, Basalt, CO, 81621 priced at $1,695,000 converts $7,465/mo rent into after a $8,296/mo obligation. Total monthly income equals $7,465/mo. Return on cash invested prints 14.97% in year one, and rental yield reads 5.28% against a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation compiles into $468,297 by year five. Five-year ROI reaches 75.84% and total cumulative return in cash sums $416,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,465/mo property income covering a $8,296/mo payment, not borrower’s personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
$170 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81621, Basalt, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,423 (100%) |
| Owner Occupied HU | 1,761 (51.4%) |
| Renter Occupied HU | 1,054 (30.8%) |
| Vacant Housing Units | 608 (17.8%) |
| Median Home Value | $1,198,736 |
| Average Home Value | $1,284,723 |
Housing Distribution
Address Breakdown
Residential
2,501
Single Family
2,501
Multi-Family
0
Businesses
718
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Listed by: Sam Augustine • Compass Aspen
Mls Name: AGSMLS
Mls ID: #188445
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.