651 W Pacific Ave #ATellurideCO81435
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 651 W Pacific Ave #A, Telluride, CO, 81435 in Telluride fits: $1,150,000, 4.18% gross yield, and a projected 5% annual appreciation rate adding $317,724 in value within five years. Rental yield 4.18%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.77) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $10,592/yr in principal paydown and $317,724 in appreciation project a total return of $260,774.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.2% | 5.5% |
| Monthly Cash Flow | $(2,696) | $1,200 |
City averages based on Telluride market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,006 |
| Total Monthly Debt Service | $6,244 |
| DSCR Ratio | 0.64x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1985
566.28 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81435, Telluride, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,762 (100%) |
| Owner Occupied HU | 1,197 (25.1%) |
| Renter Occupied HU | 1,204 (25.3%) |
| Vacant Housing Units | 2,361 (49.6%) |
| Median Home Value | $933,287 |
| Average Home Value | $1,151,117 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
30
Multi-Family
1,261
Businesses
481
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
Condo
Built in 1985
566.28 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81435, Telluride, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,762 (100%) |
| Owner Occupied HU | 1,197 (25.1%) |
| Renter Occupied HU | 1,204 (25.3%) |
| Vacant Housing Units | 2,361 (49.6%) |
| Median Home Value | $933,287 |
| Average Home Value | $1,151,117 |
Housing Distribution
Address Breakdown
Residential
1,291
Single Family
30
Multi-Family
1,261
Businesses
481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anne-Britt Ostlund • Mountain Rose Realty LLC
Mls Name: CREN
Mls Provider:
Mls ID: #821398
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.