361 Robinson St UNIT 238BasaltCO81621
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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 Basalt at 361 Robinson St UNIT 238, Basalt, CO, 81621 listed at $1,490,000 pairs $6,197/mo rent with a $7,293/mo payment. Total monthly income runs $6,197/mo. Return on cash invested measures 11.42% in year one, and rental yield registers 4.99% at a $1,490,000 basis. Equity gained on principal adds $9,615/yr, and annual property appreciation at 5% supports $411,660 by year five. Five-year ROI tracks 57.73% and total cumulative return in cash totals $278,692. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,197/mo property income relative to a $7,293/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
N/A lot
$N/A/sqft
$3,345 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: Pete Bellande • Compass Aspen
Mls Name: AGSMLS
Mls ID: #187508
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.