698 Monument AvenuePagosa SpringsCO81147
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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
Rental property for sale in Pagosa Springs at 698 Monument Avenue, Pagosa Springs, CO, 81147 priced at $797,000 pairs $3,642/mo rent with after a $3,901/mo payment. Total monthly income equals $3,642/mo. Return on cash invested is 15.47% in year one, and rental yield stands at 5.48% on a $797,000 basis. Equity gained on principal adds $5,143/yr, and 5% annual appreciation accumulates to $220,196 by year five. Five-year ROI measures 78.54% and total cumulative return in cash reaches $205,934. For financing, Ziffy Mortgage’s DSCR program evaluates $3,642/mo property income against a $3,901/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 81147, Pagosa Springs, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,861 (100%) |
| Owner Occupied HU | 4,578 (46.4%) |
| Renter Occupied HU | 1,436 (14.6%) |
| Vacant Housing Units | 3,847 (39.0%) |
| Median Home Value | $544,963 |
| Average Home Value | $647,985 |
Housing Distribution
Address Breakdown
Residential
5,495
Single Family
5,488
Multi-Family
7
Businesses
690
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Listed by: Kimberly Brown • Galles Properties
Mls Name: CREN
Mls ID: #829173