344 Sawmill RdDurangoCO81301
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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 Durango at 344 Sawmill Rd, Durango, CO, 81301 priced at $424,875 pairs $2,725/mo rent with $248/mo cash flow after a $2,080/mo payment. Total monthly income equals $2,725/mo, and annual cash flow comes to $2,981/yr on $140,846 invested. Return on cash invested is 22.03% in year one, and rental yield stands at 7.7% on a $424,875 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,385 by year five. Five-year ROI measures 113.73% and total cumulative return in cash reaches $160,178. For financing, Ziffy Mortgage’s DSCR program evaluates $2,725/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1989
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81301, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,325 (100%) |
| Owner Occupied HU | 8,304 (47.9%) |
| Renter Occupied HU | 5,706 (32.9%) |
| Vacant Housing Units | 3,315 (19.1%) |
| Median Home Value | $715,239 |
| Average Home Value | $792,766 |
Housing Distribution
Address Breakdown
Residential
14,982
Single Family
14,372
Multi-Family
610
Businesses
1,520
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Listed by: Samantha Gallant • Keller Williams Realty Southwest Associates, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #817433
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.