465 Tamarack Dr #B-211, Steamboat Springs, CO, 80487 | $683/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Steamboat Springs at 465 Tamarack Dr #B-211, Steamboat Springs, CO, 80487 offers a 8.54% rental yield on a $529,000 purchase with $3,766/mo rent. Total monthly income registers $3,766/mo, and a $2,589/mo payment leaves $683/mo available for distribution. Annual cash flow reaches $8,199/yr on $174,041 to close, and return on cash invested stands at 24.77% in year one. Equity gained on principal adds $3,414/yr while 5% annual appreciation supports $146,153 over five years. Portfolio math shows five-year ROI at 128.42% and total cumulative return in cash at $223,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,766/mo property income against a $2,589/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1975

0.47 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 80487, Steamboat Springs, CO area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,323 (100%)
Owner Occupied HU	5,350 (40.2%)
Renter Occupied HU	2,508 (18.8%)
Vacant Housing Units	5,465 (41.0%)
Median Home Value	$1,062,795
Average Home Value	$1,204,095