550 S Spring St #F3-8AspenCO81611
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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 Aspen at 550 S Spring St #F3-8, Aspen, CO, 81611 generates $55,771/mo in rent and, after a $3,387/mo payment, leaves $49,322/mo in cash flow. Total monthly income is $55,771/mo, and annual cash flow is $591,864/yr on $227,635 invested. Return on cash invested sits at 280.07% in year one, and rental yield is 96.73% on a $691,900 entry. Equity gained on principal adds $4,465/yr, while 5% annual appreciation builds toward $191,159 over five years. Five-year ROI reaches 1502.02% and total cumulative return in cash sums $3,419,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $55,771/mo property income rather than buyer’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
$28,995 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81611, Aspen, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,068 (100%) |
| Owner Occupied HU | 2,657 (32.9%) |
| Renter Occupied HU | 1,993 (24.7%) |
| Vacant Housing Units | 3,418 (42.4%) |
| Median Home Value | $1,451,005 |
| Average Home Value | $1,341,373 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
3,774
Multi-Family
1,618
Businesses
1,023
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