651 Gothic Rd #E506Crested 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 651 Gothic Rd #E506, Crested Butte, CO, 81225 offers a 9.07% rental yield on a $815,000 purchase with $6,158/mo rent. Total monthly income registers $6,158/mo, and a $3,989/mo payment leaves $1,408/mo available for distribution. Annual cash flow reaches $16,900/yr on $268,135 to close, and return on cash invested stands at 26.36% in year one. Equity gained on principal adds $5,259/yr while 5% annual appreciation supports $225,169 over five years. Portfolio math shows five-year ROI at 136.95% and total cumulative return in cash at $367,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,158/mo property income against a $3,989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
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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Listed by: Caleb Brewer • Peak Property Management & Sales
Mls Name: CREN
Mls Provider:
Mls ID: #818067
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.