57 Sunridge LaneDurangoCO81301
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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 57 Sunridge Lane, Durango, CO, 81301 offers $3,197/mo rent that, after a $2,863/mo payment. Total monthly income is $3,197/mo. Return on cash invested measures 18.74% in year one, and rental yield stands at 6.56% at a $585,000 entry. Equity gained on principal adds $3,775/yr while 5% annual appreciation compounds into $161,625 by year five. Five-year ROI records 96.05% and total cumulative return in cash reaches $184,866. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,197/mo property income versus a $2,863/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1995
1,568 sqft 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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