645 S Park Ave #703BreckenridgeCO80424
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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
Total monthly income runs $4,478/mo, and a $5,869/mo payment. Purchase price stands at $1,199,000, and rental yield measures 4.48% with $4,478/mo rent. Return on cash invested shows 8.8% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 44.06% and total cumulative return in cash records $171,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,478/mo property income covering a $5,869/mo payment rather than investor’s personal income.
Condo
Built in 1983
0.62 Acres lot
$N/A/sqft
$14,832 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80424, Breckenridge, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,852 (100%) |
| Owner Occupied HU | 2,763 (23.3%) |
| Renter Occupied HU | 1,670 (14.1%) |
| Vacant Housing Units | 7,419 (62.6%) |
| Median Home Value | $1,188,279 |
| Average Home Value | $1,239,094 |
Housing Distribution
Address Breakdown
Residential
583
Single Family
583
Multi-Family
0
Businesses
658
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Listed by: Roger Moen • eXp Realty, LLC
Mls Name: Altitude Realtors
Mls Provider:
Mls ID: #S1053028
Disclaimer: Copyright 2024 Altitude Realtors. The information displayed herein was derived from sources believed to be accurate, but has not been verified by Altitude Realtors. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.