453 Aspen AveEstes ParkCO80517
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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 Estes Park at 453 Aspen Ave, Estes Park, CO, 80517 priced at $429,900 converts $2,776/mo rent into $271/mo cash flow after a $2,104/mo obligation. Total monthly income equals $2,776/mo, and annual cash flow totals $3,249/yr on $142,512 invested. Return on cash invested prints 22.19% in year one, and rental yield reads 7.75% against a $429,900 entry. Equity gained on principal adds $2,774/yr, while 5% annual appreciation compiles into $118,773 by year five. Five-year ROI reaches 114.6% and total cumulative return in cash sums $163,315. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,776/mo property income covering a $2,104/mo payment, not borrower’s personal income.
Single Family
Built in 1960
5,595 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80517, Estes Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,649 (100%) |
| Owner Occupied HU | 3,060 (40.0%) |
| Renter Occupied HU | 1,396 (18.3%) |
| Vacant Housing Units | 3,193 (41.7%) |
| Median Home Value | $730,165 |
| Average Home Value | $832,833 |
Housing Distribution
Address Breakdown
Residential
5,225
Single Family
5,165
Multi-Family
60
Businesses
771
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Listed by: Renee Hodgden • RE/MAX Mountain Brokers
Mls Name: IRES
Mls ID: #1047133