617 E Cooper Ave #213AspenCO81611
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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
Investment property for sale in Aspen at 617 E Cooper Ave #213, Aspen, CO, 81611 offers a 5.49% rental yield on a $1,950,000 purchase with $8,915/mo rent. 27% in year one. Equity gained on principal adds $12,583/yr while 5% annual appreciation supports $538,749 over five years. Portfolio math shows five-year ROI at 62.55% and total cumulative return in cash at $395,213. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $8,915/mo property income against a $9,544/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1969
N/A lot
$N/A/sqft
$21,768 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81611, Aspen, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,068 (100%) |
| Owner Occupied HU | 2,657 (32.9%) |
| Renter Occupied HU | 1,993 (24.7%) |
| Vacant Housing Units | 3,418 (42.4%) |
| Median Home Value | $1,451,005 |
| Average Home Value | $1,341,373 |
Housing Distribution
Address Breakdown
Residential
5,392
Single Family
3,774
Multi-Family
1,618
Businesses
1,023
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Listed by: Mark Lewis • Aspen Snowmass Sotheby's International Realty - Hyman Mall
Mls Name: AGSMLS
Mls ID: #186675
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.