491 Morrison StCarbondaleCO81623
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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 Carbondale at 491 Morrison St, Carbondale, CO, 81623 with 5% annual appreciation on a $1,350,000 basis while $6,442/mo rent supports operations. 46% in year one. Equity gained on principal adds $8,711/yr, and five-year appreciation sums $372,980 alongside rental yield of 5.73%. Five-year ROI measures 83.74% and total cumulative return in cash totals $366,293. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,442/mo property income versus a $6,608/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81623, Carbondale, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,122 (100%) |
| Owner Occupied HU | 4,159 (58.4%) |
| Renter Occupied HU | 2,079 (29.2%) |
| Vacant Housing Units | 884 (12.4%) |
| Median Home Value | $942,676 |
| Average Home Value | $1,129,471 |
Housing Distribution
Address Breakdown
Residential
6,364
Single Family
5,688
Multi-Family
676
Businesses
784
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Listed by: Jocelyn Kochevar • The Property Shop
Mls Name: AGSMLS
Mls ID: #189969
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.