6 Emmons Rd UNIT 224Mount Crested ButteCO81225
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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 Mount Crested Butte at 6 Emmons Rd UNIT 224, Mount Crested Butte, CO, 81225 priced at $395,000 converts $3,186/mo rent into $884/mo cash flow after a $1,933/mo obligation. Total monthly income equals $3,186/mo, and annual cash flow totals $10,612/yr on $130,943 invested. Return on cash invested prints 28.01% in year one, and rental yield reads 9.68% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 145.85% and total cumulative return in cash sums $190,974. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,186/mo property income covering a $1,933/mo payment, not borrower’s personal income.
Condo
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81225, Crested Butte, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 257 (20.3%) |
| Renter Occupied HU | 175 (13.8%) |
| Vacant Housing Units | 834 (65.9%) |
| Median Home Value | $995,370 |
| Average Home Value | $1,230,146 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
42
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Listed by: Channing Boucher • LIV Sotheby's International Realty - CB
Mls Name: CREN
Mls Provider:
Mls ID: #816976
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