603 Aspen Avenue #C1Estes ParkCO80517
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
Investment Highlights
Rental property for sale in Estes Park at 603 Aspen Avenue #C1, Estes Park, CO, 80517 offers $2,464/mo rent that, after a $1,444/mo payment, leaves $745/mo cash flow. Total monthly income is $2,464/mo, and annual cash flow is $8,936/yr on $97,793 cash. Return on cash invested measures 29.05% in year one, and rental yield stands at 10.02% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 151.36% and total cumulative return in cash reaches $148,022. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,464/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80517, Estes Park, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,649 (100%) |
| Owner Occupied HU | 3,060 (40.0%) |
| Renter Occupied HU | 1,396 (18.3%) |
| Vacant Housing Units | 3,193 (41.7%) |
| Median Home Value | $730,165 |
| Average Home Value | $832,833 |
Housing Distribution
Address Breakdown
Residential
5,225
Single Family
5,165
Multi-Family
60
Businesses
771
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kassidy Mastriona • Your Castle Real Estate Inc
Mls Name: REcolorado
Mls ID: #9411358