66 E Cottonwood Rd UNIT BGunnisonCO81230
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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 Gunnison at 66 E Cottonwood Rd UNIT B, Gunnison, CO, 81230 offers a 4.39% rental yield on a $998,000 purchase with $3,649/mo rent. 14% in year one. Equity gained on principal adds $6,440/yr while 5% annual appreciation supports $275,729 over five years. Portfolio math shows five-year ROI at 60.66% and total cumulative return in cash at $199,188. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,649/mo property income against a $4,885/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81230, Gunnison, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,081 (100%) |
| Owner Occupied HU | 2,748 (45.2%) |
| Renter Occupied HU | 1,962 (32.3%) |
| Vacant Housing Units | 1,371 (22.5%) |
| Median Home Value | $568,381 |
| Average Home Value | $626,074 |
Housing Distribution
Address Breakdown
Residential
4,932
Single Family
4,726
Multi-Family
206
Businesses
746
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Listed by: Sigrid Cottrell • Crested Butte Realty Company
Mls Name: CREN
Mls Provider:
Mls ID: #815606
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.