620 Gothic Road #203Crested 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
Investment property for sale in Crested Butte at 620 Gothic Road #203, Crested Butte, CO, 81225 offers a 3.6% rental yield on a $865,000 purchase with $2,598/mo rent. 76% in year one. Equity gained on principal adds $5,582/yr while 5% annual appreciation supports $238,984 over five years. Portfolio math shows five-year ROI at 47.89% and total cumulative return in cash at $136,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,598/mo property income against a $4,234/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
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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Nearby investment properties with comparable prices
Listed by: Scout Walton • LIV Sotheby's International Realty - CB
Mls Name: CREN
Mls ID: #819878