514 Horse Thief LaneDurangoCO81301
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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
Rental property for sale in Durango at 514 Horse Thief Lane, Durango, CO, 81301 priced at $1,765,000 pairs $5,160/mo rent with after a $8,639/mo payment. Total monthly income equals $5,160/mo. Return on cash invested is 9.61% in year one, and rental yield stands at 3.51% on a $1,765,000 basis. Equity gained on principal adds $11,389/yr, and 5% annual appreciation accumulates to $487,637 by year five. Five-year ROI measures 47.04% and total cumulative return in cash reaches $269,031. For financing, Ziffy Mortgage’s DSCR program evaluates $5,160/mo property income against a $8,639/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
0.29 Acres 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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Listed by: Ryan Poppe • RE/MAX Pinnacle
Mls Name: CREN
Mls Provider:
Mls ID: #824093
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.