512 Lakeside DrBasaltCO81621
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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 Basalt at 512 Lakeside Dr, Basalt, CO, 81621 with 5% annual appreciation on a $665,000 basis while $4,049/mo rent supports operations. 4% in year one. Equity gained on principal adds $4,291/yr, and five-year appreciation sums $183,727 alongside rental yield of 7.31%. Five-year ROI measures 95.19% and total cumulative return in cash totals $208,267. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,049/mo property income versus a $3,255/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2002
2,178 sqft lot
$N/A/sqft
$476 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81621, Basalt, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,423 (100%) |
| Owner Occupied HU | 1,761 (51.4%) |
| Renter Occupied HU | 1,054 (30.8%) |
| Vacant Housing Units | 608 (17.8%) |
| Median Home Value | $1,198,736 |
| Average Home Value | $1,284,723 |
Housing Distribution
Address Breakdown
Residential
2,501
Single Family
2,501
Multi-Family
0
Businesses
718
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Listed by: Matthew Ross • Aspen Snowmass Sotheby's International Realty - Hyman Mall
Mls Name: AGSMLS
Mls ID: #188817
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