502 S 5th St #B6Pagosa SpringsCO81147
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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 Pagosa Springs at 502 S 5th St #B6, Pagosa Springs, CO, 81147 listed at $624,900 pairs $3,464/mo rent with a $3,059/mo payment. Total monthly income runs $3,464/mo. Return on cash invested measures 19.02% in year one, and rental yield registers 6.65% at a $624,900 basis. Equity gained on principal adds $4,032/yr, and annual property appreciation at 5% supports $172,648 by year five. Five-year ROI tracks 97.56% and total cumulative return in cash totals $200,585. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,464/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2008
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81147, Pagosa Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,861 (100%) |
| Owner Occupied HU | 4,578 (46.4%) |
| Renter Occupied HU | 1,436 (14.6%) |
| Vacant Housing Units | 3,847 (39.0%) |
| Median Home Value | $544,963 |
| Average Home Value | $647,985 |
Housing Distribution
Address Breakdown
Residential
5,495
Single Family
5,488
Multi-Family
7
Businesses
690
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Listed by: Jon Johnson • Sherpa Real Estate
Mls Name: CREN
Mls Provider:
Mls ID: #819733
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.