346 Hilltop DrPagosa SpringsCO81147
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
Rental property for sale in Pagosa Springs at 346 Hilltop Dr, Pagosa Springs, CO, 81147 generates $1,403/mo in rent and, after a $905/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,403/mo, and annual cash flow is $3,904/yr on $61,328 invested. Return on cash invested sits at 26.27% in year one, and rental yield is 9.1% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 136.56% and total cumulative return in cash sums $83,751. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,403/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81147, Pagosa Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,861 (100%) |
| Owner Occupied HU | 4,578 (46.4%) |
| Renter Occupied HU | 1,436 (14.6%) |
| Vacant Housing Units | 3,847 (39.0%) |
| Median Home Value | $544,963 |
| Average Home Value | $647,985 |
Housing Distribution
Address Breakdown
Residential
5,495
Single Family
5,488
Multi-Family
7
Businesses
690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah Loewen • Wolf Creek Realty
Mls Name: CREN
Mls Provider:
Mls ID: #820375
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.