485 Florida #C5DurangoCO81301
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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 Durango at 485 Florida #C5, Durango, CO, 81301 uses $39,449 cash to close to unlock $2,471/yr annual cash flow and $206/mo monthly cash flow. Total monthly income runs $899/mo, and a $582/mo payment keeps the spread at $206/mo. Purchase price stands at $119,000, and rental yield measures 9.07% with $899/mo rent. Return on cash invested shows 26.17% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 135.96% and total cumulative return in cash records $53,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $899/mo property income covering a $582/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81301, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,325 (100%) |
| Owner Occupied HU | 8,304 (47.9%) |
| Renter Occupied HU | 5,706 (32.9%) |
| Vacant Housing Units | 3,315 (19.1%) |
| Median Home Value | $715,239 |
| Average Home Value | $792,766 |
Housing Distribution
Address Breakdown
Residential
14,982
Single Family
14,372
Multi-Family
610
Businesses
1,520
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