600 Carriage Way #L-12Snowmass VillageCO81615
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 600 Carriage Way #L-12, Snowmass Village, CO, 81615 in Snowmass Village achieves 1.58, rent of $5,357/mo covers the $3,395/mo payment 1.5x over at $755,000. Rental yield 8.51%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $208,593 over five years, with $6,954/yr in principal reduction bringing total projected return to $288,614.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 8.0% |
| Monthly Cash Flow | $(11) | $2,500 |
City averages based on Snowmass Village market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,357 |
| Total Monthly Debt Service | $5,067 |
| DSCR Ratio | 1.06x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1967
N/A lot
$N/A/sqft
$2,902 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81615, Snowmass Village, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 742 (28.5%) |
| Renter Occupied HU | 642 (24.7%) |
| Vacant Housing Units | 1,218 (46.8%) |
| Median Home Value | $957,831 |
| Average Home Value | $1,282,497 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1967
N/A lot
$N/A/sqft
$2,902 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81615, Snowmass Village, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,602 (100%) |
| Owner Occupied HU | 742 (28.5%) |
| Renter Occupied HU | 642 (24.7%) |
| Vacant Housing Units | 1,218 (46.8%) |
| Median Home Value | $957,831 |
| Average Home Value | $1,282,497 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
152
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stacey K Kelly • Christie's International Real Estate Aspen Snowmass
Mls Name: AGSMLS
Mls ID: #188290
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.