673 Mesa DriveBayfieldCO81122
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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 Bayfield at 673 Mesa Drive, Bayfield, CO, 81122 uses $135,882 cash to close to unlock $3,689/yr annual cash flow and $307/mo monthly cash flow. Total monthly income runs $2,696/mo, and a $2,006/mo payment keeps the spread at $307/mo. Purchase price stands at $409,900, and rental yield measures 7.89% with $2,696/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $113,248 over five years. Five-year ROI reaches 116.94% and total cumulative return in cash records $158,896. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,696/mo property income covering a $2,006/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81122, Bayfield, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,157 (100%) |
| Owner Occupied HU | 3,319 (64.4%) |
| Renter Occupied HU | 841 (16.3%) |
| Vacant Housing Units | 997 (19.3%) |
| Median Home Value | $529,903 |
| Average Home Value | $588,692 |
Housing Distribution
Address Breakdown
Residential
3,572
Single Family
3,272
Multi-Family
300
Businesses
356
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