438 N 11th StGunnisonCO81230
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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 Gunnison at 438 N 11th St, Gunnison, CO, 81230 generates $2,795/mo in rent and, after a $1,708/mo payment, leaves $761/mo in cash flow. Total monthly income is $2,795/mo, and annual cash flow is $9,135/yr on $115,694 invested. Return on cash invested sits at 27.81% in year one, and rental yield is 9.61% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 144.73% and total cumulative return in cash sums $167,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,795/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81230, Gunnison, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,081 (100%) |
| Owner Occupied HU | 2,748 (45.2%) |
| Renter Occupied HU | 1,962 (32.3%) |
| Vacant Housing Units | 1,371 (22.5%) |
| Median Home Value | $568,381 |
| Average Home Value | $626,074 |
Housing Distribution
Address Breakdown
Residential
4,932
Single Family
4,726
Multi-Family
206
Businesses
746
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Listed by: Steven Mills • Bluebird Real Estate, LLC
Mls Name: CREN
Mls Provider:
Mls ID: #819071
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.