524 Buena Vista CtSteamboat SpringsCO80487
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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 Steamboat Springs at 524 Buena Vista Ct, Steamboat Springs, CO, 80487 priced at $900,000 converts $5,840/mo rent into $595/mo cash flow after a $4,405/mo obligation. Total monthly income equals $5,840/mo, and annual cash flow totals $7,140/yr on $296,100 invested. Return on cash invested prints 22.47% in year one, and rental yield reads 7.79% against a $900,000 entry. Equity gained on principal adds $5,808/yr, while 5% annual appreciation compiles into $248,653 by year five. Five-year ROI reaches 116.06% and total cumulative return in cash sums $343,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,840/mo property income covering a $4,405/mo payment, not borrower’s personal income.
Multi Family
Built in 1982
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80487, Steamboat Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,323 (100%) |
| Owner Occupied HU | 5,350 (40.2%) |
| Renter Occupied HU | 2,508 (18.8%) |
| Vacant Housing Units | 5,465 (41.0%) |
| Median Home Value | $1,062,795 |
| Average Home Value | $1,204,095 |
Housing Distribution
Address Breakdown
Residential
7,374
Single Family
7,278
Multi-Family
96
Businesses
709
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Listed by: Chris Paoli • The Agency Steamboat Springs
Mls Name: Altitude Realtors
Mls ID: #S1060033