549 Lake St.Pagosa SpringsCO81147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pagosa Springs at 549 Lake St, Pagosa Springs, CO, 81147 offers $1,437/mo rent that, after a $881/mo payment, leaves $388/mo cash flow. Total monthly income is $1,437/mo, and annual cash flow is $4,656/yr on $59,670 cash. Return on cash invested measures 27.71% in year one, and rental yield stands at 9.58% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 144.18% and total cumulative return in cash reaches $86,033. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,437/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Blue • Best of Pagosa Springs
Mls Name: CREN
Mls ID: #829924