517 Dove Ranch RoadBayfieldCO81122
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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 Bayfield at 517 Dove Ranch Road, Bayfield, CO, 81122 offers $3,464/mo rent that, after a $3,549/mo payment. Total monthly income is $3,464/mo. Return on cash invested measures 16.23% in year one, and rental yield stands at 5.73% at a $725,000 entry. Equity gained on principal adds $4,678/yr while 5% annual appreciation compounds into $200,304 by year five. Five-year ROI records 82.6% and total cumulative return in cash reaches $197,033. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,464/mo property income versus a $3,549/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81122, Bayfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,157 (100%) |
| Owner Occupied HU | 3,319 (64.4%) |
| Renter Occupied HU | 841 (16.3%) |
| Vacant Housing Units | 997 (19.3%) |
| Median Home Value | $529,903 |
| Average Home Value | $588,692 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,272
Multi-Family
300
Businesses
356
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