451 Candlelight LaneGunnisonCO81230
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
Total monthly income runs $3,614/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 5.78% with $3,614/mo rent. Return on cash invested shows 16.38% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 83.39% and total cumulative return in cash records $205,758. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,614/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.55 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Meaghan Nicholl • RE/MAX Community Brokers
Mls Name: CREN
Mls Provider:
Mls ID: #829665
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.