60 Pioneer CircleDurangoCO81303
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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 60 Pioneer Circle, Durango, CO, 81303 priced at $667,000 converts $3,649/mo rent into after a $3,265/mo obligation. Total monthly income equals $3,649/mo. Return on cash invested prints 18.76% in year one, and rental yield reads 6.56% against a $667,000 entry. Equity gained on principal adds $4,304/yr, while 5% annual appreciation compiles into $184,280 by year five. Five-year ROI reaches 96.16% and total cumulative return in cash sums $211,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,649/mo property income covering a $3,265/mo payment, not borrower’s personal income.
Single Family
Built in 1953
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81303, Durango, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,078 (100%) |
| Owner Occupied HU | 2,521 (61.8%) |
| Renter Occupied HU | 1,152 (28.2%) |
| Vacant Housing Units | 405 ( 9.9%) |
| Median Home Value | $636,118 |
| Average Home Value | $675,172 |
Housing Distribution
Address Breakdown
Residential
3,584
Single Family
3,360
Multi-Family
224
Businesses
387
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