561 Sierra DrDurangoCO81301
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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 561 Sierra Dr, Durango, CO, 81301 generates $4,450/mo in rent and, after a $2,842/mo payment, leaves $1,066/mo in cash flow. Total monthly income is $4,450/mo, and annual cash flow is $12,792/yr on $191,050 invested. Return on cash invested sits at 26.76% in year one, and rental yield is 9.2% on a $580,700 entry. Equity gained on principal adds $3,747/yr, while 5% annual appreciation builds toward $160,437 over five years. Five-year ROI reaches 139.07% and total cumulative return in cash sums $265,692. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,450/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
1.10 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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